• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
LawDonald Trump

Trump loses bid to delay Carroll’s $5 million trial payout

By
Erik Larson
Erik Larson
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Erik Larson
Erik Larson
and
Bloomberg
Bloomberg
Down Arrow Button Icon
July 8, 2026, 2:37 PM ET
E. Jean Carroll leaves following her trial at Manhattan Federal Court on May 8, 2023.
E. Jean Carroll leaves following her trial at Manhattan Federal Court on May 8, 2023.Getty Images—Stephanie Keith
Add Fortune on Google for similar content.

A federal judge ordered the release of $5 million to New York writer E. Jean Carroll in her sexual-abuse lawsuit against Donald Trump, rejecting the president’s request to delay the payout while he asks the Supreme Court to reconsider his appeal.

Recommended Video

US District Judge Lewis Kaplan in Manhattan on Wednesday ordered the court clerk to release $5 million plus interest that Trump deposited after the verdict in May 2023, to allow his appeal. Carroll’s lawyer has said the total amount is now $5.77 million.

Less than an hour after Kaplan’s ruling, Trump filed a notice that he’ll ask the federal appeals court in Manhattan to review it, setting up yet another legal fight that could return to the Supreme Court.

The Supreme Court on June 29 left intact a jury’s finding that Trump sexually abused Carroll in 1996 and defamed her in 2022 when he denied it. Trump on July 6 asked the justices to take the unusual step of reconsidering its rejection of his appeal. He argues that the appeal isn’t final until the justices decide on his request for reconsideration.

Read More: Trump Says Carroll Shouldn’t Get $5 Million Before Verdict Final 

The president’s lawyer had argued in a filing late Tuesday that releasing the money now would violate the terms of Trump’s and Carroll’s June 2023 agreement to allow the court to hold the money while Trump appealed. 

Trump, who has a net worth of $7.7 billion according to the Bloomberg Billionaires Index, argued he would face “irreparable harm” if the money were released because Carroll has indicated she will give it away. The president might be unable to get the money back if the Supreme Court reverses course and ultimately throws out the verdict, his lawyer said in the Tuesday filing.

The Supreme Court hasn’t decided yet whether to reconsider its decision.

Kaplan did not give a detailed explanation of his decision, citing only the basic terms of the 2023 agreement and the Supreme Court’s rejection of Trump’s appeal.

A spokesman for Trump’s legal team issued a statement that did not address the judge’s ruling, but called Carroll’s case a “hoax.”

Trump, 80, denies attacking Carroll and argues the civil trial in Manhattan was tainted by improper evidence, including the testimony of two other women who accused him of sexual assault that he denies.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Erik Larson
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Law

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Law

Photo of former CEO David Wenig
LaweBay
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
4 hours ago
Workers help a traveler at a Trip.com tabling session booth.
Big TechChina
Trip.com struck with $765 million penalty from China over monopoly allegations
By The Associated PressJuly 27, 2026
1 day ago
Canadian intern at NATO’s military headquarters arrested on espionage charges
North AmericaNATO
Canadian intern at NATO’s military headquarters arrested on espionage charges
By Sam McNeil and The Associated PressJuly 27, 2026
1 day ago
bibi
PoliticsNew York City
Netanyahu accuses Mamdani of ‘fomenting hate,’ saying ‘he’s supposed to the mayor of all New Yorkers’ — waving off ICC war crimes charges
By Lisa Mascaro and The Associated PressJuly 27, 2026
2 days ago
t
LawTariffs
Small businesses immediately sue Trump over new tariff regime
By Mae Anderson and The Associated PressJuly 27, 2026
2 days ago
U.S. appeals court upholds block on Trump’s order to create a federal list of eligible voters and limit mail-in ballots only to people on that list
PoliticsElections
U.S. appeals court upholds block on Trump’s order to create a federal list of eligible voters and limit mail-in ballots only to people on that list
By Russ Bynum and The Associated PressJuly 26, 2026
2 days ago

Most Popular

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
1 day ago
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Success
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
By Sydney LakeJuly 27, 2026
1 day ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
Real Estate
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
By Catherina GioinoJuly 27, 2026
1 day ago
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
14 hours ago
New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.