In the ongoing defamation lawsuit by New York writer E. Jean Carroll against former president Donald Trump, the latest development entails the writer’s skepticism about Trump’s ability and willingness to post a bond for the entire amount that had been previously granted in the matter. Carroll was awarded a staggering $83.3 million in December, a decision which Trump has since appealed against.
Carroll has argued that Trump should not be permitted to evade posting a bond for the entire amount while he is in the process of appealing. A key component of Carroll’s argument is that Trump has generated “no proof” concerning the value of his assets. Therefore, she says, any assurance provided by him concerning his ability to pay cannot be taken at face value.
This articulation of mistrust came on the heels of Trump’s reassurance that he would indeed pay the bond amount, albeit without any concrete information to back up his claim.
The skepticism expressed by Carroll – critiquing it as a ‘paper napkin’ assurance – puts even more pressure on Trump to make a transparent demonstration of his assets. In legal terms, this adds an element of financial provability to the dispute, expanding the case’s complexity even further.
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Bloomberg Law.