Former President Donald Trump must pay writer E. Jean Carroll over $83 million in damages for repeatedly defaming her, a jury found Friday.
The nine-person jury began deliberations in federal court in New York at 1:40 p.m. ET and reached a verdict in just under three hours.
Wow, 3x the money in punitive damage. Imagine how bad it’d be if this country did anything but fine rich people for being evil…
I overshot the damages award in a previous comment I made. I thought it was going to be closer to $150 million, but $83 million is still substantial. Plus there is a strong likelihood E. Jean Carroll and Robbie Kaplan could sue Donald Trump for defamation again for all the things he posted during this trial.
Well he a billionaire so $83 million is a drop in the bucket. He’s probably got that much as change in the couch /s
“Well he a billionaire” [citation needed].
In late stage capitalism, having a billion and owing three billion means you in effect still have a billion.
It’s not like with normal people who have to subtract debt from assets and actually pay what we owe.
So yeah, he’s a billionaire in all ways that affect him and will be until he dies, which can’t happen soon enough.
Can we start a pool on when/if he actually pays?
He already paid the previous $5 million. Technically it’s in an escrow pending appeal, so Carroll doesn’t have it yet. But regardless, Trump is out $5 million.
Now Trump has four choices:
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Pay the $83 million to Carroll
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File an appeal, which means either paying $83 million into an escrow account or putting a lien on his properties and getting a bank to pay $83 million into an escrow account. Either way, Carroll gets the money as soon as she wins the appeal
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Do nothing. This is the worst option, because after 30 days Carroll’s lawyers would start choosing Trump properties to auction off and/or directly withdrawing money from his bank accounts.
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Declare bankruptcy. This could introduce a delay, but it will inevitably result in Trump properties being auctioned off.
Wouldn’t New York have a lien on most of his properties with their fraud case?
I guess he will likely will try to appeal the amount and leverage another lein onto his properties. He could also use his grift money from the PAC’s to pay into the escrow.
Of course his appeal will go swimmingly when he defames her again in 3… 2… 1…
He can’t appeal the amount. He has to put the amount into escrow before he can appeal. That’s standard practice for courts, so that people don’t try to weasel out of paying. Trump isn’t the first person to lose a big lawsuit…
If all of Trump’s properties are under lien and he has nothing left in his bank accounts, then that leaves option 4.
Option 3 doesn’t seem to be working for Alex Jones’s creditors.
He chose option 4, and his estate is facing liquidation.
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People in this thread saying he’s not going to pay. How can he just not pay if it’s a court order? Genuinely curious how that works. (Assuming the appeal is denied or whatever the final number he owes is).
Someone can probably give a better answer, but it starts by him not paying.
He will appeal the result and that could easily take another year or so, during which time he doesn’t pay.
Then he will just not pay, that will take some time since you can’t complain to the courts that he didn’t pay after 1 day, it probably takes at least 90 days, but realistically probably closer to 120 or 150 days so that he is REALLY overdue.
Then he is given a grace period to respond, that’s another 30 to 60 days. He’ll just say that he can’t. That goes back and forth for a while, at least 6 months total.
Eventually the courts might put some sort of lien on Trump’s income except he doesn’t make money the traditional way, so it won’t pay out. That takes another 6 months or so.
Then maybe they start going after assets. Assets aren’t just free, so that takes even more time.
Also during all of this Trump moves assets around. He isn’t allowed to, but he’s already not allowed to and he has.
At some point in this process an agreement for a settlement is brought up. Trump will offer pennies on the dollar, which no one will accept. Trump will use this to bide even more time.
It’s neverending legal maneuvering. Just bullshit on bullshit on bullshit. Eventually someone gives up or dies. It takes tens of tens of years. At any point Trump can just start to pay a little bit of it, then stop after a few months and the process starts again.
BTW if you don’t pay your bills the full fury comes down on you. No baby gloves.
In order to file an appeal, he has to pay immediately. The money doesn’t go to Carroll, it goes into an escrow account until she wins the appeal. But either way, Trump is out $83 million. No pay = no appeal.
If he doesn’t appeal and doesn’t pay, then in 30 days Carroll’s lawyers will have access to his bank accounts and properties. At that point it won’t matter if he writes a check, they can simply take what they are entitled to directly from his bank. If there isn’t enough in his account, they can start an auction for his properties. The only thing Trump could do would be to declare bankruptcy, and this would only slow down the process not stop it.
Trump can get away with not paying his contractors, but he can’t get away with not paying a court judgment. Of note, back when he owed Carroll $5 million, he paid on time.
Depends.
He could get a bond to secure the appeal of he can find a bank who will lend to him. Which might be easier, with what looks like the impending sale of his New York properties
Yes, he could get a bond. But these bonds are generally 100% collateralized, because the bank is unlikely to get their money back. So that just means his property will be under lien during the appeal and auctioned off if he loses.
Generally. Trump has an uncanny ability to secure bank loans though. And, if New York requires him to sell his properties in the fraud case it wouldn’t surprise me if he was able to leverage the impending sale to secure the bond and then pull, well, a trump.
Remember, the rules you and I play by are not in effect here.
Well, he was able to secure loans back before it was revealed that he misrepresented the value of his assets. Now, perhaps it won’t be so easy.
He’ll pay as much as Alex Jones has. Jack shit. Unless the court can forcibly remove the funds from their accounts or put them in prison until they pay, these fucks will do nothing.
