Bond

Trump Secures $91.6 Million Bond in Defamation Lawsuit Appeal, Buoyed by Likely 2024 Nomination

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New York City, USA – Former President Donald Trump has obtained a $91.6 million bond to cover the amount he owes in a defamation lawsuit filed by writer E. Jean Carroll, according to his lawyer. Attorney Alina Habba filed the necessary papers to demonstrate that the bond was secured from the Federal Insurance Co., a division of the insurance giant Chubb. This bond would address the $83.3 million judgment in the lawsuit, including interest. In addition, Habba filed a notice indicating that Trump, the likely 2024 Republican presidential nominee, is appealing the jury’s verdict. The … Read more

Judge Approves Trump’s $92 Million Bond for E. Jean Carroll Defamation Case, Securing Future Award

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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 … Read more

New York Lawyers Demand Transparency of $175 Million Bond Posted by Donald Trump in Civil Fraud Case

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NEW YORK (AP) — The office of New York State Attorney General Letitia James has requested more information regarding the $175 million bond posted by former President Donald Trump to prevent the collection of a civil fraud judgement against him. In court papers filed on Thursday, state lawyers gave Trump’s legal team or the bond underwriter 10 days to provide justification for the bond’s validity, potentially including details about the collateral provided by Trump. A hearing has been scheduled for April 22. Trump’s lawyer, Christopher Kise, accused James of initiating a “baseless public quarrel” in … Read more

Trump Secures $91.6 Million Bond to Cover Defamation Lawsuit as Jury’s Verdict Gets Appealed

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New York City – Former President Donald Trump has obtained a $91.6 million bond to cover the judgment he owes to writer E. Jean Carroll in a defamation lawsuit as he appeals the jury’s decision, according to his lawyer. Attorney Alina Habba filed documents with the court on Friday, revealing that Trump secured the bond from the Federal Insurance Co., a subsidiary of the insurance company Chubb. The bond will not only cover the $83.3 million judgment in the lawsuit but also any additional interest incurred. Simultaneously, Habba submitted a notice stating that Trump, the … Read more