National Oilwell Varco, L.P. v. Pason Systems USA

Filing 370

ORDER Approving Security and Staying Execution on Judgment Pending Appeal re: 369 Motion to Stay, by Judge Richard P. Matsch on 10/2/12.(lswsl )

IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLORADO
Civil Action No. 03-CV-02579-RPM
NATIONAL OILWELL VARCO, L.P.
Plaintiff,
v.
PASON SYSTEMS USA CORP.,
Defendant.
_________________________________________________________________________________
ORDER APPROVING SECURITY AND STAYING EXECUTION ON JUDGMENT
PENDING APPEAL
_________________________________________________________________________________
THIS MATTER is before the Court on the Unopposed Motion for Entry of Order Staying
Execution on Judgment and Approving Security Pending Appeal. Having considered the Motion, the
proposed supersedeas bond tendered as security pending appeal, and being fully advised in the
premises, the Court:
FINDS that the supersedeas bond tendered by Defendant Pason Systems USA Corp. is good
and adequate security for payment of the June 18, 2012 Final Judgment; and
FURTHER FINDS that there is good cause to stay execution on, or any proceedings to
enforce, the Final Judgment entered in this action on June 18, 2012; and
ORDERS that the supersedeas bond shall be filed with the Court within five business days
after entry of this Order; and
FURTHER ORDERS that execution on, or any proceedings to enforce, the Final Judgment
entered in this action on June 18, 2012, are stayed until the completion of all appellate proceedings
regarding the Final Judgment.

Dated: October 2, 2012

BY THE COURT:
s/Richard P. Matsch
______________________
Richard P. Matsch
Senior District Court Judge