Trump posts $91.6 million bond on defamation verdict in Carroll case

Donald J. Trump on Friday posted bail for nearly $92 million in a defamation case he recently lost to the writer E. Jean Carroll, a move that allows him to appeal the verdict without hitting Ms. Carroll have to pay.

A federal jury awarded Ms. Carroll $83.3 million in January, and Mr. Trump recently asked for the award to be stayed. The judge presiding over the case, Lewis A. Kaplan, denied Mr. Trump’s request for a preliminary stay, putting pressure on Mr. Trump to either come up with the money himself or secure bail from an outside company to secure.

With Monday’s deadline approaching, Trump has secured the $91.6 million bond, which is higher than the $83.3 million judgment because the former president is also responsible for the interest.

The bond is a promise from the company offering it to cover Trump’s judgment if he loses his appeal and doesn’t pay up. In return, Mr. Trump must pay the company compensation and pledge collateral, including as much cash as possible.

The award in Ms. Carroll’s case came after Mr. Trump was found liable for making defamatory statements about her in 2019 after she accused him of a decades-long rape, and for his continued attacks on her in the years since, on social media , at press conferences and during the trial itself.

In a separate case, Mr. Trump is facing a judgment of more than $450 million imposed by a New York state judge in a civil fraud case brought by Attorney General Letitia James. The judge, Arthur F. Engoron, sided with Ms. James, concluding that Mr. Trump had fraudulently inflated his assets to obtain favorable loan terms and other financial benefits.

Mr. Trump recently asked a state appeals court to accept only a $100 million bond in the civil fraud case. His lawyers said it would be “impossible” to obtain bail for the full amount, which is $454 million, including interest.

One appeals court judge denied his request, but Trump could try again next month with a full five-judge panel of the appeals court.

Unless that panel gives him a break, Mr. Trump will have to post bond for the full amount by March 25. If he fails to do so, Ms James is expected to move quickly to collect, including seizing his bank accounts and possibly even some of his bank accounts. Properties in New York.

Although Mr. Trump estimates his net worth at billions, much of that comes from the value of his properties. He has more than $350 million in cash and investments that he can quickly sell, a recent New York Times analysis found, which is far less than what he owes between the fraud case and the defamation verdict.

This is a developing story and will be updated.