Former President Trump can delay paying E. Jean Carroll the $83.3 million a jury decided he owes her until after he exhausts all appeal options he has vowed to seek, The New York Times reports.
On Friday, a federal jury in New York ordered Trump to pay Carroll for defaming her in 2019 when he denied her accusation that he sexually assaulted her in the 1990s.
After the decision, he announced he would be appealing the “absolutely ridiculous” ruling.
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Trump also could attempt to secure a bond, which saves him from having to pay her the full amount up front, the Times report noted. He may have to pay a deposit and offer collateral that would come with interest and fees — but it also means he would have to find someone willing to lend him the significant sum of money.
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Trump already paid the $5 million he owed from the first defamation lawsuit.
He can get away with stiffing contractors, but courts have ways to get what they are owed. If he doesn’t pay within 30 days, Carroll can literally start withdrawing money from his bank accounts.
Doesn’t he have to put the whole 85m in a bond deposited with the court as a requirement to begin the appeal process?
deleted by creator
This is not true. He has to pay before he appeals. It won’t be relinquished until an appeal is settled though.