Key Points
(Bloomberg) -- Donald Trump secured a $91.6 million bond to delay paying the verdict in E..
The bond, arranged by Chubb Ltd.s Federal Insurance Co., covers 110% of the $83.3 million award levied against him in January by a New York jury, his lawyer Alina Habba said in a court filing Friday in Manhattan..
The former president also filed a notice of appeal in the Carroll case on Friday and asked the court to put the verdict on hold during the challenge, a request thats bolstered by posting the bond..
But a recent court filing by Trump in his appeal of the New York civil fraud verdict said he has an array of properties in the state that can be used to pay that verdict if his challenge fails, including 40 Wall Street, Trump Tower, Trump National Golf Club Hudson Valley and Trump Park Avenue..
Trump has asked the appeals court to let him post a bond of $100 million in the civil fraud case, arguing that 110% of the full verdict would hurt his finances..
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