Bond

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

Former President Trump Secures $91.6 Million Bond for Defamation Lawsuit Appeal

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NEW YORK (AP) — Former President Donald Trump has succeeded in securing a $91.6 million bond to cover the amount he owes writer E. Jean Carroll in a defamation lawsuit while he appeals the jury’s decision, his lawyer announced on Friday. Attorney Alina Habba filed the necessary papers in a New York court, confirming that Trump obtained the bond from the Federal Insurance Co., a subsidiary of insurance giant Chubb. The bond will fully cover the $83.3 million judgment in the lawsuit, along with any accrued interest. Alongside the bond filing, Habba also submitted a … Read more

Former President Trump’s $92 Million Bond Approved by Judge in E. Jean Carroll Verbal Attack Lawsuit

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NEW YORK (AP) — Former President Donald Trump has posted a $92 million bond to secure a jury award for writer E. Jean Carroll, who accused him of defamation. The bond was approved by federal judge Lewis A. Kaplan on Tuesday. Trump’s lawyers have indicated that they plan to appeal the verdict, which found Trump guilty of defaming Carroll. At a recent campaign rally, Trump resumed his verbal attacks on Carroll, suggesting that she had falsely accused him of rape in 1996. In response, Carroll’s lawyer hinted at the possibility of filing another defamation lawsuit … Read more