Trump May Cough Up More Than $100-M In Carroll Verdict

Donald Trump has to cut a fat check, and his appeal of the E. Jean Carroll verdict won't delay that.

Within 30 days of the judge's written judgment, Trump has to turn over either cash or a bond. I Photo: Gage Skidmore Flickr

Within 30 days of the judge's written judgment, Trump has to turn over either cash or a bond.

While he appeals the verdict, Carroll can't touch that money — but neither can Trump, Laura Italiano, and Haven Orecchio-Egresitz reported for Business Insider.

His appeal of the $83.3 million verdict in the E. Jean Carroll trial may keep the money out of her pocket for a year or more, but the former president still has to cough up at least $90 million — and soon.

A federal jury sitting in Manhattan found that Trump defamed Carroll in 2019 by calling her a liar after she told the world he'd sexually assaulted her. The bulk of the jury award, $65 million, was punitive damages after Trump kept calling Carroll a liar, even during the trial.

If the judge says the court would not want a $90-million court-managed account for Trump, the defeated ex-president would have to secure Carroll's money through what's called an appeal bond.

Taking into account interest and other fees, including the potential need to secure an irrevocable letter of credit from a bank, Trump taking the appeal-bond route could bring his total outlay to $100 million and beyond.

A surety company could make Trump provide an extra 10 percent of collateral, and would require he pay a bond premium of anywhere from $250,000 to $1 million. The is money Trump would never see again.

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