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Former President Donald Trump posted practically $92 million for his bond within the defamation case concerning accuser E. Jean Carroll.
A federal court docket in New York obtained discover of the bond and Trump’s enchantment on Friday morning.
Trump intends to enchantment the choice that was handed down in January that discovered him chargeable for defamatory statements made whereas denying the rape accusations made by Carroll.
TRUMP ORDERED TO PAY $83.3 MILLION TO E JEAN CARROLL BY MONDAY OR POST BOND: JUDGE
Republican presidential candidate and former President Donald Trump arrives for an election-night watch occasion at Mar-a-Lago in West Palm Seaside, Florida. (Win McNamee/Getty Photographs)
A federal jury in January determined Trump should pay Carroll greater than $83 million in damages — $18.3 million in compensatory damages, and $65 million in punitive damages.
On Thursday, Choose Lewis A. Kaplan demanded Trump pay the damages by Monday.
If Trump wins his enchantment, the cash will likely be returned to him. If the enchantment course of fails, the cash will likely be used within the $83 million payout.
TRUMP DEFENDS HIMSELF ON THE STAND, BLASTS E JEAN CARROLL TRIAL: ‘THIS IS NOT AMERICA’
E. Jean Carroll (C) and legal professional Roberta Kaplan (R) are seen leaving Manhattan Federal Court docket in New York Metropolis.
(GWR/Star Max/GC Photographs)
The bond worth is greater than the entire damages because of a requirement for 110% of the judgment worth to be posted in the course of the enchantment course of.
Federal Insurance coverage Firm — based mostly in Chesapeake, Virginia — supplied the bond cash, in line with paperwork signed by the previous president.
Trump’s legal professionals mentioned he made statements about Carroll in an effort to “defend his status, shield his household, and defend his Presidency.”
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President Donald Trump and first woman Melania Trump stroll on the south garden of the White Home in Washington, DC.
(Getty Photographs )
A federal jury in New York Metropolis determined final 12 months that Trump was not chargeable for rape however was chargeable for sexual abuse and defamation.
The previous president was ordered to pay $5 million in that trial.
Fox Information Digital’s Brooke Singman contributed to this report.
