Trump posts $91.6m bond to appeal E Jean Carroll defamation verdict

After losing a last-ditch attempt to delay, Donald Trump has posted a $91.6m bond to appeal a jury’s multi-million dollar verdict for his defamatory statements about E Jean Carroll.

Attorneys for the former president notified the judge overseeing the case on Friday that he has filed his expected appeal with a federal appeals court in New York, and requested that US District Judge Lewis Kaplan pause the judgment against him as litigation continues.

Mr Trump was required to put up 110 per cent of the $83.3 judgment to pause collections while he appeals the ruling.

The former president lined up the loan on 5 March through the Federal Insurance Company, a subsidiary of the Chubb Corporation, whose CEO was appointed to a trade advisory committee during the Trump administration.

Under the terms of the bond, the company will only secure the appeal of the $83.3m judgment but not any future appeals.

Earlier this week, Mr Trump’s attorneys Alina Habba and John Sauer asked the judge to extend a pause of the judgment, which the former president would have been required to begin paying on Monday.

That timeline put the former president in an apparent financial crunch that “threatens to impose irreparable injury in the form of substantial costs” he might not be able to recover, his attorneys argued.

On Thursday, the judge said Mr Trump’s “current situation is a result of his own dilatory actions.”

“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 – and only shortly before the expiration of [the] automatic 30-day stay of judgment – to file his prior motion for an unsecured or partially secured stay pending resolution of