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LR62.1. Supersedeas Bond

The bond shall be conditioned for the satisfaction of the judgment in full together with costs, interest, and damages for delay, if for any reason the appeal is dismissed or if the judgment is affirmed, and to satisfy in full such modification of the judgment and such costs, interest, and damages as the appellate court may adjudge and award.

A supersedeas bond, where the judgment is for a sum of money only, shall be in the amount of the judgment plus one year’s interest at the rate provided in 28 U.S.C. §1961, plus $500 to cover costs. If in conformance with LR65.1, the bond may be approved by the clerk. The bond amount fixed hereunder is without prejudice to any party’s right to seek timely judicial determination of a higher or lower amount.

Note: The court does not control nor can it guarantee the accuracy, relevance, timeliness, or completeness of this information. Neither is it intended to endorse any view expressed nor reflect its importance by inclusion in this site.
#Rule ID63