Donald Trump’s defamation case brought by E. Jean Carroll could drive him to bankruptcy, attorneys have sad , particularly when combined with potential damages from his civil fraud trial.
A second defamation trial brought against the former president and GOP frontrunner by Carroll started last week. In May 2023, the journalist was awarded $5 million in damages after a jury found Trump liable for sexually abusing and defaming the former Elle columnist. The former president has denied sexually assaulting Carroll at the Bergdorf Goodman department store in New York in the 1990s.
Carroll’s lawyers are seeking another $10 million in compensatory damages and “substantially more” after the former president continued to deny the accusations that he assaulted her, claiming he had no idea who she is and that Carroll was not his “type.” In May, Trump called Carroll’s account “fake” and labeled her a “whack job” during a CNN town hall broadcast. In early September, Judge Lewis Kaplan ruled that Trump’s comments against Carroll were defamatory.
As the trial continues, a number of legal experts said that the former president might risk bankruptcy if he is forced to pay high damages. It comes after Rudy Giuliani, a former Trump lawyer, declared bankruptcy in December after being ordered to pay $148 million for defamation.
Read more at Newsweek.com
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