Former President Donald Trump has recently posted a $91.63 million bond as he appeals the judgment against him in the E. Jean Carroll defamation case. Trump’s notice of bond and appeal was submitted to the federal court in New York on Friday, following a federal jury’s decision in January to award Carroll $83.3 million in damages.
The defamation case stems from Trump’s statements denying he raped Carroll, claiming she wasn’t his type, and accusing her of fabricating the allegation to boost sales of her book. Insurance company Chubb underwrote the bond for Trump, which he signed on Tuesday. The bond amount exceeds the judgment against him because the district court typically requires a party to post 110% of the bond.
In addition to the Carroll case, Trump is also facing a deadline of March 25 to put up another $454 million in the New York attorney general’s civil fraud case. Trump has argued that the jury award in Carroll’s case is excessive and should be reduced.
These legal battles come as Trump is facing mounting legal fees for four criminal trials while simultaneously campaigning for another presidential term. As the former president navigates a complex web of legal challenges, his supporters and critics alike are closely watching the outcomes of these cases.
Stay tuned to Road Rug Cars for further updates on Donald Trump’s legal battles and their potential impact on his political future.
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