In an interview with TMZ, Trump said Maher had crossed the line by insulting his parents.

"What he said about my father is disgraceful ... and what he said about my mother, who's deceased, was in a certain way, even more disgraceful," Trump said.

Maher later responded on his show, saying Trump seemed "to be trying to set a bold new precedent that jokes on late-night talk shows are now legally binding agreements between the comedian and the person they’re making fun of.”

“The legal system in this country is not a joke, [it] is not a toy for rich idiots to play with," Maher continued.

But Trump's lawyer said the mogul remains committed to seeking the payout from Maher.

"The lawsuit was temporarily withdrawn to be amended and refiled at a later date," said Michael Cohen, Trump's attorney.