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Judge approves Trump's $92M bond in NY defamation

case
Former president is appealing the case in the 2nd U.S. Circuit Court of Appeals in Manhattan
By Timothy H.J. Nerozzi Fox News

Published March 13, 2024 8:04am EDT

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Former President Trump's bond money — which totaled just under $100 million — was
accepted by a federal judge ahead of his appeal.

Trump posted the $92 million bond last week following a ruling that found him liable in his
New York defamation case in January of this year.

Judge Lewis A. Kaplan approved the bond on Tuesday, which will now serve as a
guarantee that the former president will pay out if his appeal does not overturn the verdict.

TRUMP POSTS $91M BOND, APPEALS $83M E JEAN CARROLL JUDGMENT

Former President Donald Trump speaks after exiting the courtroom for a break at the New York Supreme Court in New York
on Dec. 7, 2023. (AP Photo/Eduardo Munoz Alvarez)

Trump is appealing the January decision to the 2nd U.S. Circuit Court of Appeals in
Manhattan .

He has continued to vehemently deny E. Jean Carroll's claim that he sexually assaulted
her in a department store dressing room in 1996.

A jury found him liable for $83.3 million in damages to Carroll for defaming her through
previous statements attacking her credibility — $18.3 million in compensatory damages,
and $65 million in punitive damages.

LOCKING IT UP: TRUMP CLINCHES 2024 REPUBLICAN PRESIDENTIAL NOMINATION

DURING TUESDAY'S PRIMARIES

A federal jury ordered former President Donald Trump to pay E. Jean Carroll more than $83 million in damages for
statements he made while denying allegations he raped her in the 1990s. (Getty Images)

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.

Federal Insurance Company — based in Chesapeake, Virginia — provided the bond money,
according to documents signed by the former president.

Trump's lawyers said he made statements about Carroll in an effort to "defend his
reputation, protect his family, and defend his Presidency."

E. Jean Carroll, center, and attorney Roberta Kaplan, right, are seen leaving Manhattan Federal Court in New York City on
Jan. 26. (GWR/Star Max/GC Images)

A federal jury in New York City decided last year that Trump was not liable for rape but was
liable for sexual abuse and defamation .

The former president was ordered to pay $5 million in that trial.

Timothy Nerozzi is a writer for Fox News Digital. You can follow him on Twitter @timothynerozzi and
can email him at timothy.nerozzi@fox.com

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