[UPDATE: SSAT has posted a $91.6 million bond in the E. Jean Carroll case.
Federal Insurance Co. is a division of the large insurer Chubb. It was not immediately clear what property or other investments Trump pledged as collateral in order to get the bond.
The bond is dated Tuesday and signed by Trump and a representative of the insurance company. That means it was available several days before Kaplan declined Trump’s request to postpone the deadline.]
Late last evening, judge Lewis Kaplan denied the appeal by s serial sex abuser Donald Trump (SSAT) to either delay the payment of the bond in the E. Jean Carroll defamation case or to reduce the amount.
Kaplan made the verdict official on 8 February and gave Trump 30 days to post a bond or come up with cash during his appeal, which is expected to challenge the jury’s finding of liability and the amount of damages.
Trump had sought to delay enforcement of the verdict until the judge ruled on his motions to throw it out, which he filed on Tuesday.
But the judge said Trump should not have waited 25 days after the verdict before seeking a delay.
He also said Trump failed to show how he might suffer “irreparable injury” if required to post a bond.
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