Matthews v. CTI Container Transport International Inc.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
CEDARBAUM, District Judge.
Defendants Barbara and Dennis O’Con-nor, along with other defendants, are liable to plaintiffs in the sum of approximately $6.5 million on a judgment entered on a jury verdict on June 29, 1988. The O’Connors’ insurance coverage totals $5.1 million.
The O’Connors have moved pursuant to Fed.R.Civ.P. 62(d) and (f) for a stay of execution of the judgment against them upon the posting of supersedeas bonds in the total amount of $5.1 million pending their appeal to the Court of Appeals. Local Civil Rule 41 provides that a supersede-as bond shall normally…
2Cases cited13 opinions
- Pennzoil Co. v. Texaco Inc.Supreme Court of the United States · 1987
- Texaco Inc. v. Pennzoil Company, State of Texas, IntervenorCourt of Appeals for the Second Circuit · 1986
- C. Albert Sauter Co., Inc. v. Richard S. Sauter Co., Inc.District Court, E.D. Pennsylvania · 1973
- Miami International Realty Co. v. Richard Paynter and Paynter & Hensick, P.C.Court of Appeals for the Tenth Circuit · 1986
- Trans World Airlines, Inc. v. Howard R. HughesCourt of Appeals for the Second Circuit · 1975
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3Cited by3 opinions
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- Federal Insurance v. County of WestchesterDistrict Court, S.D. New York · 1996
- Citibank, N.A. v. Nyland (CF8) Ltd.District Court, S.D. New York · 1989