Leaving Him With Days to Cover $83M Judgment
A New York judge on Thursday denied Donald Trump’s request to delay the penalties in E. Jean Carroll’s defamation case, leaving the former president three days to pay or post a bond for the entire $83.3 million judgment.
“Mr. Trump’s current situation is a result of his own dilatory actions,” Judge Lewis Kaplan wrote in his order late Thursday. “He has had since January 26 to organize his finances with the knowledge that he might need to bond this judgment, yet he waited until 25 days after the jury verdict … to file his prior motion for an unsecured or partially secured stay pending resolution of post-trial motions.”
Kaplan said that Trump failed to show how the judgment constitutes an “irreparable injury” or demonstrate the expenses he faces by posting a bond in the case. “The expense of ongoing litigation in the absence of a stay does not constitute ‘irreparable injury’ in the relevant sense of that term,” Kaplan wrote.
Donald Trump’s attorneys had begged the Court put a stay on the judgment until at least next Thursday while post-trial motions are resolved and as they seek a longer stay on the judgment. That means Trump will have to come up with the cash and post his bond by Monday. Legal experts speculate that Trump is having difficulty securing the $91M+ million needed, which includes the judgment and interest.
Trump had asked the Judge earlier this week to hold a new trial or to rule that he didn’t lose the case, despite the jury’s verdict. He was swiftly denied then as well.
