Lincoln Composites, Inc. v. Firetrace USA, LLC

Filing 96

ORDER granting 95 Stipulation. Execution and levy of the judgment in this case is stayed, on the condition that Firetrace, within 7 days of this order, shall file a supersedeas bond, with acceptable surety in the amount of $930,000.00. Ordered by Judge John M. Gerrard. (copy to finance) (MBM)

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEBRASKA LINCOLN COMPOSITES, INC., Plaintiff, 4:12-CV-3142 vs. ORDER FIRETRACE USA, LLC, Defendant. This matter is before the Court on the Stipulation for Stay and Approval of Supersedeas Bond (filing 95) filed by defendant Firetrace. The parties have agreed that a bond of $930,000.00 is sufficient to secure Lincoln Composites' rights, and the Court likewise finds that this amount is sufficient. See Fed. R. Civ. P. 62. Accordingly, IT IS ORDERED: 1. Firetrace's Stipulation for Stay and Approval of Supersedeas Bond (filing 95) is granted, and execution and levy of the judgment in this case is stayed, on the condition that Firetrace, within 7 days of this order, shall file a supersedeas bond, with acceptable surety (see NECivR 65.1.1) in the amount of $930,000.00. Dated this 5th day of November, 2014. BY THE COURT: John M. Gerrard United States District Judge

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