Doublevision Entertainment, LLC v. Navigators Specialty Insurance Company et al
Filing
265
ORDER GRANTING STAY by Hon. William Alsup granting 264 Ex Parte Application.(whalc1, COURT STAFF) (Filed on 8/5/2015)
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IN THE UNITED STATES DISTRICT COURT
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FOR THE NORTHERN DISTRICT OF CALIFORNIA
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For the Northern District of California
United States District Court
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DOUBLEVISION ENTERTAINMENT,
LLC, a Tennessee limited liability
company, as assignee of Commercial
Escrow Services, Inc., a California
corporation, and Antoinette Hardstone, an
individual
ORDER GRANTING STAY
Plaintiff,
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No. C 14-02848 WHA
v.
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NAVIGATORS SPECIALTY
INSURANCE COMPANY, a New York
corporation, THE NAVIGATORS
GROUP, INC., a New York corporation,
and DOES 1 through 50, inclusive,
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Defendants.
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/
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The automatic stay following final judgment in this action expires on August 6.
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Navigators has filed an ex parte application for a temporary stay pending resolution of post-trial
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motions pursuant to Rule 62(b), which permits such stays “[o]n appropriate terms for the
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opposing party’s security.” Navigators attempted, but was unable to obtain a mutually-agreeable
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stipulation from Doublevision that it would not execute on the judgment pending resolution of
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Navigators’ post-trial motions. Navigators is in the process of securing a supersedeas bond in
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the amount of $3,420,000, which represents 150% of the amount of the judgment, as security for
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the judgment pending resolution of post-trial motions and appeal. Navigators asks the Court to
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approve the amount of the bond as sufficient to secure the judgment, but Navigators has not
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provided an estimate for when that bond will issue.
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Good cause shown, Navigators’ motion for a temporary stay pending resolution of its
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Rule 50(b) and Rule 59 motions is GRANTED, and the amount of the supersedeas bond is
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APPROVED. The stay shall remain in effect pending the resolution of any post-trial motions
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unless Navigators fails to secure and post the bond by AUGUST 19.
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IT IS SO ORDERED.
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Dated: August 5, 2015.
WILLIAM ALSUP
UNITED STATES DISTRICT JUDGE
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For the Northern District of California
United States District Court
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