E. Jean Carroll and her legal representatives have accepted Trump's bond proposal but managed to eliminate a section that would have postponed the payment.
Lisa Rubin from NBC News has posted:
NEW: E. Jean Carroll’s lawyers have notified Judge Kaplan that they don’t oppose Trump’s proposed $91.63 million bond because Trump & his insurer have modified a provision that suggested Carroll could wait 60 days or more after an appellate victory to get paid. pic.twitter.com/tiMLi0mjWi
— Lisa Rubin (@lawofruby) March 11, 2024
Trump attempted to include a provision in a bond proposal that would delay payment to Carroll if he loses in a higher court. This indicates that Donald Trump may not have the funds to settle the $91 million owed to Carroll. There are no obstacles to Judge Kaplan approving Trump's bond, and the verdict can then be appealed.
Reaching the appeals process is seen as a win for E. Jean Carroll. Trump is highly unlikely to succeed in a higher court. Considering his ongoing defamation of Carroll, it's doubtful that he will be able to reduce the judgment.
Sooner rather than later, Donald Trump will need to produce $91 million to settle the amount owed to E. Jean Carroll. A larger concern for Trump is his failure to secure a bond to contest the $454 million fraud judgment against him in the New York case.
At present, Trump is attempting to challenge the bond itself, but the interest is increasing daily, and the former president has limited options to come up with $454 million.
