Insurance company Chubb underwrote the bond for Trump, which the former president signed on Tuesday. Under the terms of the bond, Chubb will only secure the appeal of the $83.3 million judgment, not any future appeals.
Let me save you some trouble:
Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world
I imagine it’s fairly standard boilerplate for the situation ‘You must install corporate fascism and give me a job with medals and stuff if we manage to lie and cheat you into power again’
It was definitely not directly from Trump.
Let me save you some trouble:
I wonder what kind of insane terms are on that loan
I imagine it’s fairly standard boilerplate for the situation ‘You must install corporate fascism and give me a job with medals and stuff if we manage to lie and cheat you into power again’
Not that it would matter. Trump doesn’t honor agreements.