DeGrado v. Jefferson Pilot Finl

Filing 321

ORDER granting 320 Jefferson Pilot's Motion to Vacate and Approval of Release of Supersedeas Bond. The 5/1/09 stay order is vacated. Supersedeas bond is no longer in effect, by Chief Judge Wiley Y. Daniel on 10/5/09.(gmssl, )

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Chief Judge Wiley Y. Daniel Case No. 02-cv-01533-WYD-BNB JOHN A. DeGRADO, Plaintiff, v. JEFFERSON PILOT FINANCIAL INSURANCE COMPANY, a Nebraska Corporation Defendant. ORDER THIS MATTER comes before the Court on Defendant Jefferson Pilot Financial Insurance Company's Motion to Vacate and Approval of Release of Supersedeas Bond (filed September 29, 2009). The motion seeks to vacate the Court's Order of May 1, 2009 (Dkt. 281) which stayed execution of the judgment against Defendant and approved the supersedeas bond tendered by Jefferson in the amount of $803,623.48. I find that good cause exists to grant the Motion. Accordingly, it is ORDERED that Jefferson Pilot Financial Insurance Company's Motion to Vacate and Approval of Release of Supersedeas Bond (filed September 29, 2009) is GRANTED. In accordance therewith, it is ORDERED that the May 1, 2009 stay order is VACATED. The supersedeas bond posted by Defendant on or about May 1, 2009 is no longer in effect.

Dated: October 5, 2009 BY THE COURT: s/ Wiley Y. Daniel Wiley Y. Daniel Chief United States District Judge

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