Donald Trump’s Fight Against $83.3 Million Defamation Penalty Requires High-Value Collateral and Insurance Bond
New York, USA – Former President Donald Trump is set to challenge the $83.3 million defamation penalty imposed by a federal jury in the E. Jean Carroll case. However, before pursuing an appeal, Trump will need to pay the amount in question to the court. This poses a challenge for Trump, as the hefty sum exceeds what most individuals, even the extremely wealthy, have readily available. To meet this requirement, Trump will likely need to obtain an appeal bond, a specialized form of insurance that demands substantial collateral. Trump will not be able to simply … Read more