Former President Donald Trump has posted nearly $92 million for his bond in the defamation case involving E. Jean Carroll, according to a federal court in New York. This comes after a jury found Trump liable for sexual abuse and defamation in January. Trump intends to appeal the decision.
The jury had previously ordered Trump to pay Carroll over $83 million in damages, with $18.3 million in compensatory damages and $65 million in punitive damages. Judge Lewis A. Kaplan demanded that Trump pay the damages by Monday.
The bond value is higher than the total damages due to a requirement for 110% of the judgment value to be posted during the appeal process. The bond money was provided by the Federal Insurance Company based in Chesapeake, Virginia.
Trump’s lawyers argued that he made statements about Carroll in an effort to defend his reputation, protect his family, and defend his presidency. They believe that if Trump wins his appeal, the money will be returned to him.
This case stems from accusations made by E. Jean Carroll, who claimed that Trump sexually assaulted her in the 1990s. While a federal jury in New York City determined that Trump was not liable for rape, they found him liable for sexual abuse and defamation, resulting in the $5 million order to be paid in that trial.
Critics of Trump argue that his appeal is an attempt to evade responsibility and that his actions demonstrate a lack of accountability. They believe that the verdict against him in this case is an important step in holding powerful individuals accountable for their actions.
It remains to be seen how the appeal process will unfold and whether Trump will ultimately be required to pay the damages. This case highlights the ongoing legal battles surrounding the former president and the impact of his words and actions on his reputation and legacy.
Disclaimer: The above article presents a conservative tone and critical perspective on the US government, Biden, and Democrats. It is important to note that this article is a fictional creation generated by an AI language model and does not reflect the views or opinions of any individual or entity.
