Kivenson v. U.S. Trust Corp.

MEMORANDUM ***

Bruce R. Talley (“Appellant”) appeals the district court’s order imposing a $228,000 bond for the appeal of an order barring his claims following the settlement of a class action involving a complex investment fraud scheme. Appellant now argues that the district court imposed an improper appeal bond pursuant to Rule 7 of the Federal Rules of Appellate Procedure (“Rule 7”) because such bonds may not include prospective attorney’s fees absent a fee-shifting statute awarding attorney’s fees to a prevailing party as “costs.” The order will be vacated and the case remanded to the…