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this post was submitted on 28 Jan 2024
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Misleading clickbaitish title
TLDR: If he wants to appeal, he still has to pay $83,300,000 (+ 120% = $99,960,000) cash to an escrow account.
Exactly, he still has to put the money up/loses access to it until the appeals are over. Nobody's giving this man a bond, lol
That bastard could crowd source it in about 35 minutes if he needed to.
Putin might.
What’s the extra 20% for? Will Carroll be paid interest while the damages are in escrow, or does the court want additional money set aside should they award Carroll legal fees after the appeal?
deleted by creator
The requested bond is generally an amount greater than the judgment sum—CPLR 5519 requires that post-judgment interest and cost are included in the amount. New York State has a 9% statutory interest running on any judgment entered. In New York State, we set the bond amount at 120% of the judgment.