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Donald Trump must pay E Jean Carroll $83.3m in defamation case

Sky News Friday, 26 January 2024
Donald Trump has been ordered to pay $83.3m in a defamation case to a woman who he denied raping.
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News video: Trump ordered to pay $83.3 million in E. Jean Carroll defamation case

Trump ordered to pay $83.3 million in E. Jean Carroll defamation case 04:02

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Donald Trump Donald Trump President of the United States from 2017 to 2021

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E. Jean Carroll E. Jean Carroll American journalist (born 1943)

Trump Can’t Obtain Appeal Bond in New York Fraud Case [Video]

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Trump Can’t Obtain Appeal Bond , in New York Fraud Case. According to a New York court filing on March 18, Trump isn't able to secure a $454 million bond as he appeals a civil business fraud judgement against him, CNBC reports. . Trump's attorneys said that getting the bond is "impossible" since it would "effectively" require "cash reserves approaching $1 billion.". Defendants’ ongoing diligent efforts have proven that a bond in the judgment’s full amount is ‘a practical impossibility.’, Donald Trump's lawyers, via CNBC. Gary Giulietti, president of the Northeast division of the Lockton Companies, was hired to help Trump obtain a bond. Despite scouring the market, we have been unsuccessful in our effort ... for the simple reason that obtaining an appeal bond for $464 million is a practical impossibility under the circumstances presented, Gary Giulietti, president of the Northeast division of the Lockton Companies, via CNBC. Simply put, a bond of this size is rarely, if ever, seen, Gary Giulietti, president of the Northeast division of the Lockton Companies, via CNBC. In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses, Gary Giulietti, president of the Northeast division of the Lockton Companies, via CNBC. Giulietti went on to say that a private company would need about $1 billion to put up as collateral to receive a bond of that size. . While it is my understanding that the Trump Organization is in a strong liquidity position, it does not have $1 billion in cash or cash equivalents, Gary Giulietti, president of the Northeast division of the Lockton Companies, via CNBC. Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case brought against him by writer E. Jean Carroll. . Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case brought against him by writer E. Jean Carroll.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Judge Denies Trump’s Request to Delay Payment to E. Jean Carroll [Video]

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Judge Denies Trump’s Request , to Delay Payment to E. Jean Carroll. On Jan. 26, Judge Lewis A. Kaplan ordered Donald Trump to pay writer E. Jean Carroll $83.3 million for ruining her credibility by calling her a liar after she accused him of sexual assault. On Jan. 26, Judge Lewis A. Kaplan ordered Donald Trump to pay writer E. Jean Carroll $83.3 million for ruining her credibility by calling her a liar after she accused him of sexual assault. The judgement, which included a $65 million punitive award, was challenged by Trump's lawyers who claim there is a "strong probability" that the amount will be decreased or eliminated. On March 7, Kaplan said that he won't postpone deadlines for posting a bond that would guarantee payment to Carroll if the judgement stands after appeals, NPR reports. . On March 7, Kaplan said that he won't postpone deadlines for posting a bond that would guarantee payment to Carroll if the judgement stands after appeals, NPR reports. . The judge went on to say that any financial harm Trump incurs is a result of his slow response to the verdict made in January. Trump's lawyers didn't seek to delay the date in which the bond must be posted until 25 day later, Kaplan said. . Mr. Trump's current situation is a result of his own dilatory actions, Judge Lewis A. Kaplan, via written order. Nor has Mr. Trump made any showing of what expenses he might incur if required to post a bond or other security, on what terms (if any) he could obtain a conventional bond, , Judge Lewis A. Kaplan, via written order. ... or post cash or other assets to secure payment of the judgment, or any other circumstances relevant to the situation, Judge Lewis A. Kaplan, via written order. The judgement will be final on March 11. . Meanwhile, Trump has also been ordered by Judge Arthur Engoron to pay $355 million in penalties for civil fraud

Credit: Wibbitz Top Stories    Duration: 01:30Published
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Donald Trump's legal team seeks a new trial in the defamation case brought by E. Jean Carroll, just before his informal anointment as the Republican party's presidential candidate. They argue the awarded $83 million is excessive, citing erroneous jury instructions and excluded evidence. This legal challenge adds to Trump's broader legal woes, including recent judgments and impending legal action related to Stormy Daniels. #DonaldTrump #Trump #Trump2024 #DonaldTrumpnews #JeanCarroll #TrumpLawsuit #TrumpCase #Worldnews #Indianews #Oneindia #Oneindianews ~PR.152~ED.101~GR.121~HT.96~

Credit: Oneindia    Duration: 02:14Published

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