Opinion
CIVIL ACTION NO.: 3:10-cv-00387-BAJ-RLB
05-28-2014
RULING AND ORDER
Before the Court is Plaintiff Albemarle Corporation's ("Albemarle") EX PARTE MOTION FOR APPROVAL OF SUPERSEDEAS BOND (Doc. 50). Defendant United Steel Workers does not oppose Albemarle's request.
Considering Albemarle's EX PARTE MOTION FOR APPROVAL OF SUPERSEDEAS BOND (Doc. 50):
IT IS ORDERED that Albemarle's Motion (Doc. 50) is GRANTED.
IT IS FURTHER ORDERED that within seven (7) days from the entry of this Order, Albemarle shall be allowed to file with the Clerk of Court a supersedeas bond in the amount of $423,943.00, consisting of judgment in the amount of $353,284.80, "plus 20% of the [judgment] amount to cover interest, costs and any award of damages for delay." M.D.La. LR62.2.
IT IS FURTHER ORDERED that upon receipt of Albemarle's supersedeas bond, the judgment against Albemarle shall be "stay[ed] pending appeal in this case." Hebert u. Exxon Corp., 953 F.2d 936, 938 (5th Cir. 1992); Fed. R. Civ. P. 62(d).
Baton Rouge, Louisiana, this 28th day of May, 2014.
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BRIAN A. JACKSON, CHIEF JUDGE
UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF LOUISIANA