Trump bonds $91.63M in Carroll defamation case and files appeal officially

In this courtroom sketch, E. Jean Carroll is seen standing while holding hands with her attorneys Shawn Crowley and Roberta Kaplan, as the jury exits the courtroom after the verdict. This image captures the moment on January 26, 2024. Inset within the sketch, we can also see former President Donald Trump seated in the courtroom, prior to the commencement of closing arguments for his civil business fraud trial at the New York Supreme Court on January 11, 2024. The sketch was captured by Elizabeth Williams via AP, while the inset photo features Seth Wenig’s work, also via AP.

Donald Trump, after his attempt to halt the execution of the $83.3 million he is obligated to pay writer E. Jean Carroll for defamation was dismissed by a New York judge, has filed a motion on Friday seeking approval for a $91.63 million bond as he appeals the ruling.

The 1-page motion, accompanied by a brief formal notice of appeal, provided minimal information. According to court records, The Chubb Corporation backed the bond. It is worth mentioning that in 2018, Evan Greenberg, the CEO of Chubb, was nominated by Trump to serve on his administration’s advisory committee for trade policy and negotiations.

U.S. District Judge Lewis Kaplan issued a one-page order on Monday afternoon, granting Carroll until Monday to file any opposition she may have to Trump’s proposed bond arrangements. If she decides to oppose the motion, a hearing will be scheduled on March 11 at 3 p.m.

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Kaplan criticized Trump for making multiple attempts, at least four, to delay the enforcement of the $83.3 million award. Kaplan firmly stated that Trump’s claims of facing difficulties in raising the funds to pay Carroll were unfounded and a consequence of his own procrastination.

Kaplan dismissed the former president’s claim that he would suffer “irreparable harm” without a stay.

Trump’s decision to appeal the case was not surprising, considering the motion for a new trial that he had filed alongside other legal documents. Despite the delay in submitting these filings, the court had been anticipating them for several weeks. The motion for a new trial serves as a preview of the arguments that will likely be presented at the appellate level.

According to the former president, Kaplan unfairly restricted his testimony during the trial, effectively silencing him.

The news about Trump posting a $91.63M bond in the Carroll defamation case and subsequently filing an appeal was initially reported on Law & Crime.

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