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Donald Trump Secures $91.6 Million Bond to Cover Defamation Lawsuit Verdict Amid Appeals

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New York, NY – Former President Donald Trump has obtained a $91.6 million bond to cover the amount owed in a defamation lawsuit brought by writer E. Jean Carroll. Trump’s attorney, Alina Habba, disclosed this information to the court on Friday. The bond, provided by Federal Insurance Co., a unit of Chubb insurance company, will cover the $83.3 million judgment in the lawsuit, along with interest. Habba also filed a notice indicating that Trump, who is seen as the likely 2024 Republican presidential nominee, plans to appeal the verdict. The posting of the bond was … Read more

Trump Secures $91.6 Million Bond to Cover Defamation Lawsuit Verdict as Appeals Continue

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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