Now, the most likely Republican presidential candidate for 2024 will likely be indebted to banks, donors, or some other source of funding. That's not to mention the legal fees he may have to pay and the criminal trials he may face.
Former President Donald Trump in Greensboro, North Carolina, on March 2. Photo: Bloomberg
There are two important deadlines in the next three weeks.
Monday, March 11
Mr. Trump has until Monday (March 11) to pay an $83.3 million fine to satisfy the verdict on defamation of author E. Jean Carroll and to deny her rape allegations against him.
Mr. Trump has just been awarded $83.3 million in damages by an insurance company while he awaits an appeal against a civil defamation lawsuit.
In a filing submitted to Manhattan court on March 8, Trump's lawyer, Alina Habba, stated that her client had been granted bail to pay an amount exceeding the $83.3 million he was ordered to repay because it included interest.
Attorney Habba asked the judge to approve the guarantee agreement provided by Federal Insurance Co., a subsidiary of Chubb Insurance Group.
Trump's bail also means that Carroll, 80, cannot yet receive her compensation while the appeal process could drag on for years.
Monday, March 25th
This is the deadline for Trump to post the $454 million bail in the New York Attorney General's civil fraud case, in which he was found guilty of inflating the value of real estate.
Trump's lawyers offered to post $100 million bail, but the appeals court judge denied the request. His lawyers argued that they could not find anyone willing to bail out the full amount that James is seeking to collect.
Until the bond is listed, interest will accumulate at nearly $115,000 per day after the ruling.
Meanwhile, March 25th also marked the first day of jury selection in Trump's first criminal trial, related to his alleged hush money payments to porn star Stormy Daniels before the 2016 election. Trump pleaded not guilty.
Mai Vân (according to CNN)
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