NEW YORK — Former President Donald Trump has secured a bond sufficient to support an $83.3 million jury award granted to writer E. Jean Carroll during a January defamation trial stemming from rape claims she made against Trump, his lawyer said Friday as she notified the federal judge who oversaw the trial that an appeal was underway.
Attorney Alina Habba filed papers with the New York judge to show that Trump had secured a $91.6 million bond from the Federal Insurance Co. She simultaneously filed a notice of appeal to show Trump is appealing the verdict to the 2nd U.S. Circuit Court of Appeals.
The filings came a day after Judge Lewis A. Kaplan refused to delay a Monday deadline for posting a bond to ensure that the 80-year-old Carroll can collect the $83.3 million if it remains intact following appeals.
The posting of the bond was a necessary step to delay payment of the award until the 2nd Circuit can rule.
Trump is facing financial pressure to set aside money to cover both the judgment in the Carroll case and an even bigger one in a lawsuit in which he was found liable for lying about his wealth in financial statements given to banks.
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