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

Contributing sentiments towards policy:

49% : ""Though disappointing, this decision was not surprising given that Chubb was the only surety willing to even consider accepting real estate as collateral," Garten said.Garten's statement came more than a week after it was revealed that a Chubb subsidiary gave Trump a $91.6 million appeal bond in a separate civil case where he was found liable for defaming writer E. Jean Carroll after she accused him of rape.
49% : News outlets noted that Chubb's CEO, Evan Greenberg, previously had been appointed by Trump to a trade policy advisory committee and to a business group aimed at combating the economic toll of Covid-19.
42% : Chubb was "actively negotiating" with Trump and his co-defendants, Garten said.
26% : The lawyers argued in that filing that Trump will face major harm if he is forced to quickly sell parts of his real estate portfolio to get enough cash to obtain a bond.
25% : In fact, New York court rules require Trump to post an appeal bond in order to keep James from moving to collect on the fraud judgment.
24% : I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone," Trump wrote on the site.
22% : Chubb was one of more than 30 companies that refused to craft a bond that would put the massive business fraud judgment on pause, attorneys for Trump said in a New York appeals court filing Monday.
17% : Donald Trump and his co-defendants were in talks with insurance giant Chubb for a $464 million appeal bond in the former president's civil fraud case, but the company backed out -- days after it raised eyebrows for giving Trump a bond in a separate case, according to a Trump lawyer.
17% : The trial judge "actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision," Trump posted Tuesday morning on his social media site Truth Social.

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