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mahatmakanejeeves

(57,700 posts)
Tue Mar 19, 2024, 07:49 PM Mar 19

Chubb ended Trump fraud bond talks after backing E. Jean Carroll appeal bond, court filing say

POLITICS
Chubb ended Trump fraud bond talks after backing E. Jean Carroll appeal bond, court filing says

PUBLISHED TUE, MAR 19 2024 5:55 PM EDT
UPDATED AN HOUR AGO
Kevin Breuninger
@KEVINWILLIAMB

KEY POINTS
• Donald Trump and his co-defendants were in talks with insurance giant Chubb for a $464 million appeal bond, but the company backed out, a Trump Organization lawyer said.

• Chubb previously provided Trump's $91.6 million appeal bond in writer E. Jean Carroll's civil defamation case.

• In his New York civil business fraud case, Trump's lawyers said they reached out unsuccessfully to more than 30 companies to secure a bond.

• Those companies include Warren Buffett's Berkshire Hathaway, Liberty Mutual, Allianz, Chubb and Travelers, among others.

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