Former US President Donald Trump is slapped with a 10 million dollar defamation case by columnist E Jean Carroll who earlier won a 5 million dollar case against him.
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.
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
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
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Polish president Andrzej Duda has been welcomed to Trump Tower, the latest in a string of get-togethers between the aspirant US president and populist European leaders.
Credit: euronews (in English) Duration: 01:02Published
Joe Biden has suggested his uncle may have been eaten by cannibals after his plane was shot down during the Second World War - as he said Donald Trump was.. Sky News
Welcome to the International News Wrap, your go-to source for the latest developments from around the globe, exclusively on OneIndia. From the unprecedented floods in Dubai to the escalating tensions threatening a potential third World War, there's no shortage of significant events shaping the international landscape. Today, we cover a spectrum of stories, from the heartwarming return of a Kerala woman from Iran to the crucial push by President Biden to secure aid for Ukraine. Stay tuned as we delve into the top international developments of the day, keeping you informed and up-to-date on the latest happenings across the world.
#InternationalNews #MountRuang #IndonesiaVolcano #DubaiFloods #RussiaUkraineWar #IsraelIranConflict #Russi #Germany #Biden #Oneindia
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Ahead of Maldives' parliamentary elections, opposition demands investigation and impeachment of President Muizzu over alleged corruption from 2018. Leaked reports implicated him in financial misconduct, triggering a political storm. Muizzu denies accusations, citing lack of evidence, and accuses opposition of desperation. With 368 candidates contesting for 93 seats, election results will determine opposition's ability to hold Muizzu's administration accountable.
#muizzumaldives #maldivesmuizzuimpeachment #maldivesmuizzuindiaout #muizzumaldivesnews #mohamedmuizzumaldives #muizzumaldivesflight #Maldivesnews #Maldivesupdates #Worldnews #Oneindia #Oneindianews
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Hezbollah launched a missile and drone attack on a military facility in northern Israel on April 17, injuring 14 Israeli soldiers. This retaliation followed Israeli airstrikes that killed Hezbollah members in southern Lebanon. Israel responded with airstrikes in Lebanon, continuing the months-long conflict. The fighting has caused significant casualties on both sides.
#hezbollahisrael #hezbollahisraelwar #hezbollahisraellive #hezbollahisraelborder #hezbollahisraelnews #Israel #Lebanon #US #Worldnews #Oneindia #Oneindianews
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A 911 outage swept across several US states, including South Dakota, Nevada, and parts of Nebraska, causing concern over emergency services accessibility. Las Vegas valley was also affected, prompting swift action from the Las Vegas Metropolitan Police Department to confirm service restoration.
#911outage #911outageemergencyalert #911outagestoday #911telephoneoutageemergency #911telephoneoutage #JoeBiden #US #Worldnews #Oneindia #Oneindianews
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Israeli Prime Minister Netanyahu asserts Israel's sovereignty, rejecting Western pleas for restraint after Iran's recent attack. Netanyahu emphasized Israel's right to defend itself during a meeting with British and German foreign ministers. Despite warnings of potential escalation, Israel remains firm, signaling readiness to retaliate if necessary.
#Israel #Iran #IranattacksIsrael #BenjaminNetanyahu #UK #Germany #IranIsraeltensions #Biden #JoeBiden #US #Worldnews #Oneindia #Oneindianews
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Recently former president Donald Trump was found liable for sexual sexual assault against E. Jean Carroll in a Manhattan civil case. That verdict cost him $5 million, but just one day later he went on..
Donald Trump’s social media company, Truth Social, has filed a lawsuit against the Washington Post for defamation related to an article the news outlet posted earlier this month, seeking a total of..
In this clip Number Six, TNP Contributors Chris Graves and Lisa Belanger, and Special Guests Steve and Craig from AM WakeUp discuss the recent decision in E. Jean Carroll's defamation lawsuit..
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