Overview
- The court cashier's office disbursed $5,625,005.48 to Kaplan Martin LLP after Judge Lewis A. Kaplan ordered release of funds that had been held in a court-controlled escrow account.
- The Supreme Court's June 29 decision not to hear Trump's appeal cleared the way for Judge Kaplan's July 8 order and the July 9 disbursement recorded on the Manhattan federal docket.
- Trump's legal team has filed emergency appeals and stay requests after the transfer, seeking to halt or recover the payment while litigation continues.
- The payout is the $5 million jury award from 2023 plus accrued interest held in the Court Registry Investment System, and Carroll's lawyers say she will place the money in an interest-bearing account for now.
- A separate January 2024 jury verdict that awarded Carroll $83.3 million remains on appeal and unpaid, meaning this payment is a partial enforcement of her wider civil judgments and could increase pressure on further collections if the larger award is sustained.