"Trump's $91.6M Bond Payment in E. Jean Carroll Defamation Case Raises Eyebrows"

1 min read
Source: Reuters
"Trump's $91.6M Bond Payment in E. Jean Carroll Defamation Case Raises Eyebrows"
Photo: Reuters
TL;DR Summary

Donald Trump posted a $91.6 million bond to cover the defamation verdict in favor of writer E. Jean Carroll and began his appeal of the case. The bond from Federal Insurance Co would cover Carroll's $83.3 million judgment if Trump were to lose his appeal and refuse to pay. The appeal stemmed from a Manhattan jury's conclusion that Trump had defamed Carroll by denying that he raped her in the mid-1990s. Trump faces a March 11 deadline to obtain the bond or set aside cash for the judgment after the trial judge refused his bid for a temporary reprieve.

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