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Trump’s $91 Million Bond in E. Jean Carroll Case
Former President Donald Trump found a supporter who was willing to guarantee his $91 million bond, but Judge Kaplan allowed E. Jean Carroll to object to the bond before he decided on approval.
Katie Phang’s Insight
JUST IN: Judge Kaplan in @ejeancarroll‘s case files this order slamming Trump for his delays and allowing E. Jean to object to the motion to approve the bond, the amount, the other language in Trump’s proposed order, etc.
– Katie Phang (@KatiePhang) March 8, 2024
Legal expert Katie Phang highlighted Judge Kaplan’s actions in E. Jean Carroll’s case, criticizing Trump for delays and granting Carroll the opportunity to object to the bond’s approval and its terms.
Andrew Weissmann’s Comparison
This could strike some as reminiscent of when Manafort obtained $16M in loans approved by bank CEO Stephen Calk, who was seeking positions in the Trump administration. Calk was convicted for that by a jury in Manhattan. Press release by DOJ ⬇️
– Andrew Weissmann (@AWeissmann_) March 8, 2024
Andrew Weissmann drew parallels between Trump’s bond arrangement and Paul Manafort’s use of promises of administration positions to secure bank loans, emphasizing the legal implications that could arise from such actions.
Given Trump’s track record, it remains uncertain what commitments he may have made to obtain the bond. With 91 felony counts against him, it wouldn’t be surprising if he engaged in further illicit activities to evade payment to E. Jean Carroll.
Ultimately, Judge Kaplan holds the authority to approve the bond, and the outcome is unpredictable. Trump managed to secure the bond for an appeal in the E. Jean Carroll case, but he still faces the daunting task of raising $454 million for New York State.
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