Trump Secures $91.6 Million Bond to Cover Defamation Lawsuit Verdict as Appeals Continue
New York, NY – Former President Donald Trump has obtained a $91.6 million bond to cover the defamation lawsuit judgment he owes to writer E. Jean Carroll while he appeals the verdict, according to his lawyer. The bond was secured from Federal Insurance Co., a subsidiary of insurance giant Chubb, and will cover the $83.3 million judgment, plus interest. This move comes as Trump faces financial pressure due to multiple legal challenges. Attorney Alina Habba filed papers with a New York judge, providing evidence of the bond and Trump’s appeal of the verdict. Posting the … Read more