The first verdict was May 2023, the $83.3 million was January 2024. So I predict around March of 2027 we can reasonable expect some closure on the second award, assuming similar timeline progressions on both appeals.
It’s hard to predict. Each appeal has a life of its own. Might be similar, but could also be quite different. Perhaps for reasons we’ll never know. I had a case sit for over a year longer than expected at an appellate court. Rumor was that one of the judges had heath issues.
A surety company put up the $83 million for Trump and he supposedly gave them collateral. He won’t be out anything on this next money unless the surety company can collect.
That was Chubb, which I’m ashamed I ever did business with (though to be fair, it was before any of this happened).
I always thought it was a back door political contribution.
That’s very likely.
Trump will never pay a nickel of this 83.3 million. Chubb will write it off as a bad debt against earnings and save some tax money. Trump will probably then give them some sweet, sweet government contract.
They’ve already got some consideration - it turns out they are one of the underwriters for ships attempting to navigate the Strait of Hormuz. One the US encourages shipping companies use.
If Chubb is anything like a couple of old friends of mine—surety underwriters, by the way, one of whom worked for Chubb—they will do their best to subrogate, should they have to pay out.
As the other explained, “If we underwrite a surety bond, it’s because we never expect to pay a claim. If we do have to pay a claim, we subrogate until we get paid back.”
Don’t mess with sureties. Unlike insurance companies that expect to pay claims, surety companies do not expect to pay claims; that is how thoroughly they vet their clients. They will come after the party that caused a loss, and they will do so relentlessly.
I seem to remember that Trump put up some collateral for the $83M. A bunch of stocks and bonds, if I recall correctly.
Now the Orange Peril (via his shysters) wants Carroll to return the money:
The president’s legal team was seeking an emergency injunction to order Carroll to give Trump back the payment that was issued on July 9 by a court-controlled escrow account, The Independent reported. Trump and his team have hoped that the Supreme Court could “grant him a legal Hail Mary and reverse the judgment, sending the money back to him.”
It would appear that his two remaining brain cells are counting on SCOTUS to have an epiphany and remember where their true loyalties lie. The fact that this is even a remote possibility is my depression of the day today.
You know … even if you owe someone A LOT for your present station, there comes a point where you truly get fed up with that someone throwing it in your face constantly and calling in ridiculous favors. I wonder how close Trump is to “Sure, we’re conservatives–and even corrupt to varying degrees–but STFU already!” Absent threats against their persons or families, Trump can’t be too far from that threshhold now.
Add to that he is now probably a net negative for the conservative political movement…
Probably the only thing keeping them in line is that going against him would turn his rabid base on them and be even worse than the current situation.
Couldn’t happen to a nicer band of spineless lickspittles
With the Heritage Foundation, and more specifically, with people who directly bribe individual SC Justices.
To determine if they’ll rule in Trump’s favor on an issue, flip a coin.
The Supreme Court on Monday rejected President Donald Trump’s latest Hail Mary attempt to overturn a federal civil jury’s verdict finding him liable for sexually abusing and defaming writer E. Jean Carroll.
The court’s decision was revealed in an order list. It offered no explanation for why it refused Trump’s petition for a rehearing in the case.
I will note that per @Johnny_L.A’s link, that the larger reward is still under consideration, and that Trump is specifically trying to invoke the SCOTUS delivered “It’s all good if it’s under Presidential Duties” excuse. In fact they tried to get this payment paused/rescinded because it relied on that same reasoning, but … we’ll see what happens.
Another point from the article:
A spokesman for Trump’s legal team told CNBC in a statement Monday morning, “The American People stand with President Trump as they demand an immediate end to all of the Witch Hunts, including the Democrat-funded travesty of the Carroll Hoaxes.”
That’s an official statement from Trump’s team representing him as I read it. By calling it a hoax, would that not open the team/Trump to additional claims? Or is it too general and unspecific? Or is it no longer workable to claim for defamation because it’d be hard to qualify additional reputational damages? Referring only to the line “Carroll Hoaxes”.
It’s a little iffy, in part because his spokesperson made the statement and implied that the cases were due to Democratic skulduggery. But there’s still time for him to say something actionable, especially if the bigger award goes through.
This most recent appeal is for a reconsideration of the $5 million judgment that has already been paid. His lawyers argued that it’s somehow tied to the $80 million dollar judgment and they should have waited until that worked its way through the courts.
Essentially “in that case, he’s going to get away with it because he’s the President so you should let him get away with it in this case because he’s the President.”