Former President Donald Trump has posted a $US91.63 million ($138 million) bond as he appeals the judgment against him in the E. Jean Carroll defamation case.
In January, a federal jury awarded Carroll $US83.3 million in damages as a result of Trump's defamatory statements denying he raped her, saying she wasn't his type, and accusing her of making up the allegation to boost sales of her book.Former President Donald Trump has posted a $US91.63 million bond as he appeals the judgment against him in the E. Jean Carroll defamation case. Under the terms of the bond, Chubb will only secure the appeal of the $US83.
The bond size is greater than the judgment because the district court generally requires a party to post 110 per cent of the bond. Trump also faces a March 25 deadline to put up another $US454 million in the New York attorney general's civil fraud case. In Carroll's case, Trump has argued that the jury award is excessive and should be reduced. During the trial, Carroll's lawyers told the jury that Trump should be punished with a large number in damages so that it actually gets him to stop his defamatory behaviour.
In addition to those two judgments against him, Trump is also facing mounting legal fees he owes on the four criminal trials he's facing as he campaigns for another presidential term.
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