Sunday, March 10, 2024

Latest About The Pig In The Poke

 

From Salon:

"Donald Trump posted a $91.6 million bond to cover the $83.3 million a Manhattan jury awarded to writer E. Jean Carroll in January as he appeals the defamation lawsuit's verdict, lawyers for Trump told a court Friday. Attorney Alina Habba filed the papers with a New York judge alongside a notice showing that Trump, the likely GOP presidential nominee, is appealing the verdict.

"The bond would cover the full judgment plus interest and was necessary to delay payment of the sum until the 2nd U.S. Circuit Court of Appeals, can bring down a decision on the former president's appeal, the Associated Press reports.

"Trump secured the bond from "Federal Insurance Company, which is a principal of The Chubb Corporation," MSNBC legal correspondent Katie Phang reports. The Chubb Corporation is a global insurer headquartered in New Jersey.

"'It will be interesting to see if the judge requires clarification be provided (likely solely to the court) regarding what kind of collateral Trump provided to Chubb to get the bond,' national security lawyer Bradley Moss wrote on X. 'But either way, Chubb is on the hook now.'" 

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If donnie loses the appeal, Chubb will have the unenviable task of collecting from donnie the dildo.

If donnie wins the appeal, and then wins in November, Chubb will have bought a president for a bargain price.

Of course there is still that half billion dollar thing.

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