Trump posts $91.63 million bond in appeal against E. Jean Carroll defamation verdict

This development comes as Trump prepares to challenge the January verdict at the US Court of Appeals for the Second Circuit, Fox News reported.

The bond, underwritten by insurance titan Chubb, with operations in Virginia and New Jersey, serves as a financial guarantee during Trump’s appeal process, as detailed in his recent court filings.

This legal battle stems from a trial where Trump was directed to compensate Carroll, following a federal judge’s ruling that held Trump accountable for repeatedly defaming her.

The case revolves around Carroll’s assertion, supported by a prior jury, that Trump sexually assaulted her in a department store fitting room. Trump has vehemently denied the accusations, disparaging Carroll in public statements, suggesting she fabricated the claims for publicity and branding her as a “whack job” who “should pay dearly.”