Home Law & Crime Trump Takes Legal Action: Posts $91 Million Bond in E. Jean Carroll Defamation Case

Trump Takes Legal Action: Posts $91 Million Bond in E. Jean Carroll Defamation Case

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Former President Trump is taking steps to appeal the defamation case brought by E. Jean Carroll by posting a substantial bond of nearly $92 million. This move comes in response to the January ruling that favored Carroll, resulting in an award of over $83 million in damages. The case revolves around Trump’s denial of Carroll’s rape allegations and his accusation that she fabricated the claims to enhance book sales.

Former President Trump is posting bond in the E. Jean Carrol defamation case with the federal court in New York. Lisa G. reports.

Simultaneous to posting the $91 million bond, Trump has filed an appeal with the U.S. Court of Appeals to contest the verdict in Carroll’s case. If approved by a judge, this appeal process will grant Trump a stay of enforcement, allowing him time to present his case. The appeal procedure could extend over several months.

Earlier this year, a federal jury concluded that Trump had defamed E. Jean Carroll while rejecting her sexual assault allegations. The damages awarded amounted to $83 million, a sum exceeding the initial judgment due to the court’s usual requirement of 110% of the bond.

Trump’s legal battles extend beyond the Carroll defamation case. He faces a looming deadline of March 25th to address a separate matter — a $454 million obligation in the New York Attorney General’s civil fraud case. The former President is navigating a complex legal landscape that involves multiple high-stakes cases.

Trump’s decision to post the $91 million bond reflects a strategic move to buy time and engage in the appeal process, indicating a willingness to contest the defamation ruling. The financial implications of these legal challenges add further complexity to Trump’s post-presidential endeavors.

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