Opinion
Civil Action No. 03-CV-02579-RPM
10-02-2012
ORDER APPROVING SECURITY AND STAYING EXECUTION ON JUDGMENT
PENDING APPEAL
THIS MATTER is before the Court on the Unopposed Motion for Entry of Order Staying Execution on Judgment and Approving Security Pending Appeal. Having considered the Motion, the proposed supersedeas bond tendered as security pending appeal, and being fully advised in the premises, the Court:
FINDS that the supersedeas bond tendered by Defendant Pason Systems USA Corp. is good and adequate security for payment of the June 18, 2012 Final Judgment; and
FURTHER FINDS that there is good cause to stay execution on, or any proceedings to enforce, the Final Judgment entered in this action on June 18, 2012; and
ORDERS that the supersedeas bond shall be filed with the Court within five business days after entry of this Order; and
FURTHER ORDERS that execution on, or any proceedings to enforce, the Final Judgment entered in this action on June 18, 2012, are stayed until the completion of all appellate proceedings regarding the Final Judgment.
BY THE COURT:
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Richard P. Matsch
Senior District Court Judge