The standards for the grant of a stay pending appeal are the same as those governing the grant of an injunction. Sandra Cotton, Inc. v. Bank of New York, 64 B.R. 262, 263 (W.D.N.Y. 1986), appeal dismissed, 87 B.R. 272 (W.D.N.Y. 1988), In re Liggett, 118 B.R. 219, 221 (Bankr.S.D.N.Y. 1990). To obtain such relief, the movant must establish (1) the strong likelihood of success on the merits of the appeal; (2) that the movant will suffer irreparable injury if the stay is denied; (3) that no substantial harm will be suffered by others if the stay is granted; and (4) what the harm to the public interest, if implicated, is. Brown's Hotel, 93 B.R. at 53; Liggett, 118 B.R. at 221.
The standards for the grant of a stay pending appeal are the same as those governing the grant of an injunction. Sandra Cotton, Inc. v. Bank of New york, 64 B.R. 262, 263 (W.D.N.Y. 1986), appeal dismissed, 87 B.R. 272 (W.D.N.Y. 1988), In re Liggett, 118 B.R. 219, 221 (Bankr.S.D.N Y 1990). To obtain such relief, the movant must establish (1) the strong likelihood of success on the merits of the appeal; (2) that the movant will suffer irreparable injury if the state is denied; (3) that no substantial harm will be suffered by others if the stay is granted; and (4) what the harm to the public interest, if implicated, is. [ In re Charles Lillian] Brown's Hotel, 93 B.R. [49] at 53 [Bankr.S.D.N Y 1988]; Liggett, 118 B.R. at 221.
The standards for the grant of a stay pending appeal are the same as those governing the grant of an injunction. Sandra Cotton, Inc. v. Bank of New York, 64 B.R. 262, 263 (Bankr.W.D.N.Y. 1986), appeal dismissed, 87 B.R. 272: (W.D.N.Y. 1988), In re Liggett, 118 B.R. 219, 221: (Bankr.S.D.N.Y. 1990). The stay pending appeal sought in this matter is discretionary.
Additionally, if the Turners are correct in their assertion that the foreclosure sale was improper, they are entitled to sue Citizens for the value of their homestead exemption, assuming arguendo that any equity actually exists in the property. In re de Kleinman, 150 B.R. 524, 528 (Bankr.S.D.N.Y. 1992); In re Liggett, 118 B.R. 219, 222 (Bankr.S.D.N.Y. 1990). B. Substantial Injury to Parties if Stay is Granted
Hirschfeld v. Board of Elections, 984 F.2d 35, 39 (2d Cir. 1992). See also cases holding need to show "a strong likelihood of success on the merits", Green Point Bank v. Treston, 188 B.R. 9, 11 (S.D.N.Y. 1995); In re Advanced Mining Systems, Inc., 173 B.R. 467, 468 (S.D.N.Y. 1994); In re de Kleinman, 150 B.R. 524, 528 (Bankr.S.D.N.Y. 1992); In re Sphere Holding Corp., 162 B.R. 639, 642 (E.D.N.Y. 1994); In re Liggett, 118 B.R. 219, 221 (Bankr.S.D.N.Y. 1990). The moving party must show "`satisfactory' evidence on all four criteria."
(4) that no harm to the public interest, if it is implicated, will be caused by granting the stay.Green Point Bank v. Treston, 188 B.R. 9, 11 (S.D.N.Y. 1995); In re Advanced Mining Systems, Inc., 173 B.R. 467, 468 (S.D.N.Y. 1994); In re de Kleinman, 150 B.R. 524, 528 (Bankr.S.D.N.Y. 1992); In re Sphere Holding Corp., 162 B.R. 639, 642 (E.D.N.Y. 1994); In re Liggett, 118 B.R. 219, 221 (Bankr.S.D.N.Y. 1990). The moving party must show "`satisfactory' evidence on all four criteria."
In order to obtain a stay pending appeal under Rule 8005, the movant must establish (1) a strong likelihood of success on the merits of the appeal; (2) that the movant will suffer irreparable injury if the stay is denied; (3) that substantial harm will not be suffered by other parties if the stay is granted; and (4) that issuance of the stay would not involve harm to the public interest. In re Charles Lillian Brown's Hotel, Inc., 93 B.R. 49, 53 (Bankr.S.D.N.Y. 1988); In re Liggett, 118 B.R. 219, 221 (Bankr.S.D.N.Y. 1990); In re Fosko Markets, 74 B.R. 384, 390 (Bankr.S.D.N.Y. 1987). To prevail, the debtor must satisfy all four requirements before the stay will be granted.