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Friday, 03/08/2024 12:21:42 PM

Friday, March 08, 2024 12:21:42 PM

Post# of 114769
CHUBB insurance did it

https://wapo.st/3v4Ber8

Trump posts $91M bond while appealing E. Jean Carroll defamation judgment

By Shayna Jacobs
March 8, 2024 at 11:48 a.m. EST

NEW YORK — Donald Trump on Friday secured a bond for more than $91 million to cover the judgment in writer E. Jean Carroll’s defamation case while he appeals.

A document was posted in federal court memorializing Trump’s agreement with Chubb, the insurance giant that underwrote the bond to cover the $83.3 million in damages that a jury awarded to Carroll in January for defaming her in 2019, when Trump was in office.

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The bond still has to be approved by the judge overseeing the case, U.S. District Court Judge Lewis A. Kaplan.


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The former president and likely 2024 Republican nominee to challenge President Biden had until Monday to guarantee payment of an $83.3 million judgment to Carroll, whom he defamed after she accused him of long-ago sexual assault. Trump also filed a notice saying he will appeal the judgment against him.


Carroll has sued Trump twice in connection with a forced sexual encounter in the mid-1990s and disparaging comments he made about her. Trump adamantly denies any encounter.

Trump has already posted more than $5 million in cash with the court from a separate lawsuit Carroll brought for sexual assault and defamation. He is also on the hook for securing a bond for more than $450 million in the New York attorney general’s civil business fraud case.

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