Donald Trump on Friday posted a $91.6 million bond to cover the defamation verdict in favor of writer E. Jean Carroll, and began his appeal of the case that arose from his branding her a liar after she accused him of raping her decades ago.
The bond from Federal Insurance Co, part of the insurer Chubb , would cover Carroll’s $83.3 million judgment if Trump were to lose his appeal of the Jan. 26 verdict and refuse to pay.
The posting of a bond also means Carroll, 80, wouldn’t collect on the judgment during the appeals process, which could take years.
We’re in NY state court here. Federal appeals courts don’t tell states how to run their own laws and assume that each state’s courts understands their laws better. In any case, he’s a very long shot away from going into federal court and then would have to raise a federal question to be heard there. He’s something like 5 appeals away from SCOTUS if he could ever even get into federal court.
You’re right. I just lept over the state’s juristiction straight to SCOTUS.
My bad.