Opinion
19-CV-2829 (JGK)
12-22-2022
BARING INDUSTRIES, INC., Plaintiff, v. 3 BP PROPERTY OWNER LLC, ET AL., Defendants.
ORDER
JOHN G. KOELTL, District Judge
As discussed during today's telephone conference, the plaintiff's application to obtain a stay of the judgment pending appeal without posting a bond or other security is denied. See ECF No. 211. Enforcement of the judgment is stayed until January 9, 2023 to allow for the plaintiff to post a bond in the amount of the judgment plus postjudgment interest at the federal statutory rate. See 28 U.S.C. § 1961. Any further stay will be subject to the posting of a bond by the plaintiff. Defendant 3 BP Property Owner LLC is directed to submit a proposed order by January 3, 2023 regarding the scope of any further stay, as well as the posting of the bond. If necessary, the plaintiff may respond by January 4, 2023.
SO ORDERED.