Former President Trump has put up a bond of about $91 million on Friday while he appeals the recent decision in E. Jean Carroll’s defamation case.
Trump had tried to postpone or decrease the amount of his bond as he pursues a new trial and fights the recent decision.
However, Trump has now posted the entire $91.63 million bond, which is 110 percent of the damages, following the judge's rejection of his latest attempt to delay the Monday deadline.
Now that his bond has been posted, Trump is looking to stop the enforcement of the judgment as he launches his appeal, which was filed on Friday.
Trump's attorney Alina Habba stated, “Due to the numerous prejudicial errors made at the lower level, we are highly confident that the Second Circuit will overturn this egregious judgment.”
In January, a federal jury in New York issued a verdict. Trump was instructed by the jury to pay Carroll $83.3 million. This is for hurting the reputation of advice columnist E. Jean Carroll in 2019 by rejecting her allegations that he sexually assaulted her decades ago.
Another jury had previously found Trump responsible for sexually mistreating Carroll, resulting in the former president paying $5.5 million as compensation. He will receive the money back if he wins on appeal.
Facing around half a billion dollars in new civil penalties between Carroll’s recent verdict and another one in the New York attorney general’s fraud case, Trump tried to delay paying both amounts.
However, Trump's act of posting the entire bond amount in Carroll’s case is a notable change from earlier in the week when he unsuccessfully sought to postpone enforcement by urging U.S. District Judge Lewis Kaplan to delay.
Trump claimed that being forced to submit the full $91.63 million bond amount would cause him irreparable harm and also expressed confidence in getting the amount reduced through post-trial motions or on appeal.
Carroll’s lawyer opposed any delay, suggesting that Trump’s demands were not trustworthy.
Despite Trump’s lawyers continuing to push for a delay, newly filed court documents indicate that Trump signed his bond paperwork on Tuesday using Federal Insurance Company as a surety.
Carroll’s legal team chose not to comment on Trump posting his bond.
Updated at 11:29 a.m.
