Former President Donald Trump posted a $91.6 million bond Friday after losing writer E. Jean Carroll’s defamation case against him, also appealing the eight-figure judgment, as the ex-president faced a Monday deadline to pay the judgment against him—though he still has hundreds of millions more to pay in a separate civil fraud case.
E. Jean Carroll departs a Manhattan federal court after her defamation trial against Donald Trump on ... [+]
Trump’s attorneys notified the court Friday that he had posted the bond, which guarantees his ability to pay the $83.3 million verdict against him in the case plus interest.
The filing, which does not provide any information on how Trump secured the bond, also asks the court to block the judgment against Trump from being enforced while he appeals the case.
Trump faced a Monday deadline to put up the money he owes in the case, as he had 30 days after the judgment on Feb. 8 to either pay cash or post an appeals bond before Carroll could ask the court to enforce the judgment and seize Trump’s assets.
Trump has to pay the money even as he appeals the case against him, though he could get the money back if he wins the case in appeals court.
The ex-president asked the court to pause the judgment against him while he filed post-trial motions, which the court had not yet ruled on, though U.S. District Judge Lewis Kaplan rejected a separate request from Trump on Thursday to delay the judgment for three days after the court ruled on the pause request.
Forbes estimates Trump’s cash and liquid assets at $413 million, part of a total $2.6 billion estimated net worth, though it’s still unclear if Trump used cash to secure his bond or put up real estate properties as collateral.
This story is breaking and will be updated.