Former President Trump’s bonds, totaling just under $100 million, were accepted by a federal judge ahead of an appeal.
President Trump posted $92 million bail last week after a court found him liable in a defamation lawsuit in New York in January.
Judge Louis A. Kaplan approved the bail on Tuesday, which is guaranteed to be paid by the former president if the verdict is not overturned on appeal.
Trump sets $91 million bail and appeals $83 million Gene Carroll verdict
Former President Trump speaks after leaving the courtroom for a break at the New York State Supreme Court. (AP Photo/Eduardo Muñoz Alvarez)
President Trump is appealing the January ruling to the 2nd Circuit Court of Appeals in Manhattan.
He continues to vehemently deny Carroll’s claims that he sexually assaulted her in a department store fitting room in 1996.
A jury found E. Jean Carroll liable for $83.3 million in damages for defaming her with past statements attacking her credibility. Her compensatory damages are $18.3 million and her punitive damages are $65 million.
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A federal jury has ordered former President Trump to pay more than $83 million in damages for comments he made while denying that he raped E. Jean Carroll in the 1990s. (Getty Images)
The bond amount is higher than the total damages because 110% of the judgment amount must be accounted for during the appeal process.
A federal insurance company based in Chesapeake, Virginia, provided the bond, according to a document signed by the former president.
Trump’s lawyers said he made the comments about Carroll to “protect his reputation, protect his family and protect his presidency.”
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E. Jean Carroll (center) and attorney Roberta Kaplan (right) exit the Manhattan Federal Courthouse in New York City. (GWR/Star Max/GC image)
A federal jury in New York City ruled last year that Trump was not responsible for rape but was responsible for sexual abuse and defamation.
The former president was ordered to pay $5 million in that case.
