Trump Arranges $91.6 Million Bond to Appeal Carroll Verdict
- Bond covers 110% of NY jury’s $83.3 million damages award
- Trump files notice of appeal, asks that verdict be put on hold
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Donald Trump secured a $91.6 million bond to delay paying the verdict in E. Jean Carroll’s defamation case while he appeals, putting to rest questions about whether he could come up with the funds amid a cash crunch.
The bond, arranged by Chubb Ltd.’s Federal Insurance Co., covers 110% of the $83.3 million award levied against him in January by a New York jury, his lawyer Alina Habba said in a court filing Friday in Manhattan. Trump had a March 11 deadline to pay the verdict or post a bond.