United States District Court, Eastern District of Michigan, Southern Division
ORDER GRANTING MOTION TO STAY EXECUTION OF JUDGMENT PENDING APPEAL AND APPROVING SUPERSEDEAS BOND
Denise Page Hood United States District Judge
This matter comes before the Court on Defendants’ Motion to Stay Execution of Judgment Pending Appeal. No response was filed to the motion, but Defendants assert that Plaintiff’s counsel concurred in the amount of the Supersedeas Bond. (Doc. No. 105, Pg ID 2819)
Rule 62(d) of the Rules of Civil Procedure provides that if an appeal is taken, the appellant may obtain a stay by supersedeas bond and the stay takes effect when the court approves the bond. Fed.R.Civ.P. 62(d). Rule 62(d) entitles a party who files a satisfactory supersedeas bond to a stay of money judgment as a matter of right. See, Arban v. West Pub. Corp., 345 F.3d 390, 409 (6th Cir. 2003). The Judgment against Defendants in the amount of $1, 185, 520.10. The Supersedeas Bond is in the amount of $1, 305, 120.00. Plaintiff’s counsel, having filed no written opposition to the motion, and the Court, having found the amount of the bond sufficient, accordingly, IT IS ...