NEW YORK — A judge in New York has approved former President Donald Trump’s $92 million bond to cover a defamation award in a case brought by E. Jean Carroll. The decision allows the legal proceedings to move forward and brings Trump one step closer to potentially having to pay damages to Carroll, a writer who alleges he sexually assaulted her in the 1990s.
Carroll filed a lawsuit against Trump in 2019, claiming that he defamed her by publicly denying her allegations and calling her a liar. In response, Trump’s legal team sought to delay the case, arguing that the former president had immunity from civil lawsuits. However, the court rejected those arguments, ruling that Trump can be held accountable for his statements.
The $92 million bond was required by the court to ensure that the defamation award would be covered if Trump loses the case. This significant amount reflects both the seriousness of the allegations and the potential impact of the judgment. It is also notable that Carroll’s legal team had initially requested a lower bond of $360,000, but the court deemed Trump’s net worth to be sufficient to cover the higher amount.
This ruling is another setback for Trump in his ongoing legal battles. He has been facing numerous lawsuits and investigations since leaving office, including probes into his finances and allegations of sexual misconduct. The decision to allow the case to proceed signals that even though Trump is no longer president, he is not immune from legal action.
Carroll’s case has gained significant attention and is seen by many as a test of the legal system’s ability to hold powerful individuals accountable for their actions. The outcome of this lawsuit could have far-reaching implications for victims of sexual assault who seek justice through the courts.
The next phase of the proceedings will involve gathering evidence and preparing for trial. Both sides will have the opportunity to present their arguments and call witnesses to support their claims. It remains to be seen how the case will ultimately unfold and whether Trump will be found liable for defamation.
If Trump is indeed found liable, the $92 million bond will serve as a financial safeguard for Carroll. However, it is important to note that winning a defamation lawsuit is not the same as receiving payment. Carroll may still have to pursue various legal avenues to collect any damages awarded to her.
As the legal process continues, the eyes of the nation will be on this case, keeping a close watch on its implications for both Trump and the broader issue of accountability for powerful individuals. The decision by the judge to approve the bond moves us one step closer to a resolution in this closely-watched defamation lawsuit.