this morning Habba has filed, and asked for Judge Kaplan to approve, a "supersedeas bond" for $91.3 million by Federal Insurance Company in Virginia. For 2nd E Jean #Carroll Judgement
The Chubb Corporation backed Trump's bond in the #Carroll case. Notably, in 2018, Trump nominated the CEO of Chubb (Zurich-based insurance company) to serve on a WH trade advisory board.
Judge Lew Kaplan has now approved the bond in the E. Jean #Carroll case, and has ordered that enforcement of the judgment is now stayed pending “final disposition of the appeal” by the Second Circuit.
Interesting to note. The 2nd #Carroll Bond is only for the 2nd court appeals. Trump has to get approval for another one to take it higher and maybe another 5 month delay.
and Trump cannot use FIC again for the #NYvsTrumpOrg payment because they "only" have $4.2 billion surplus.
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Interesting to note. The 2nd #Carroll Bond is only for the 2nd court appeals. Trump has to get approval for another one to take it higher and maybe another 5 month delay.
and Trump cannot use FIC again for the #NYvsTrumpOrg payment because they "only" have $4.2 billion surplus.