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.
  • Default_Defect
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    4 months ago

    They backed the $91.6 million appeal bond, then backed out of the $464 million appeal bond. It makes sense to me as a headline.

    • NABDad@lemmy.world
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      4 months ago

      Ok. My reading comprehension must have failed me. Thanks for the correction.

      • Default_Defect
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        4 months ago

        No worries, I often need to reread things because I miss a word or two. It happens.