Free Order on Motion to Stay - District Court of Colorado - Colorado


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Date: December 31, 1969
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State: Colorado
Category: District Court of Colorado
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Case 1:04-cv-01160-LTB-CBS

Document 136

Filed 01/16/2007

Page 1 of 2

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Case No. 04-cv-1160-LTB-CBS Isabelle DerKevorkian, Plaintiff, v. Lionbridge Technologies, Inc. d/b/a Lionbridge US, Inc., et al., Defendants. ORDER STAYING EXECUTION OF THE JUDGMENT UNDER FED.R.CIV.P. 62(b)

On January 11, 2007, defendant Lionbridge Technologies, Inc. (" Lionbridge" ) filed a motion to stay execution on the judgment in this case until its pending Fed.R.Civ.P. 59 motion is decided. The motion was unopposed, conditioned on Lionbridge posting an irrevocable letter of credit (" ILOC" in the amount of $700,000 ) within 15 business days of the date of this Order. The Court finds and concludes that the judgment shall be stayed pending the Court' decision on the pending Fed.R.Civ.P. 59 motion, subject to Lionbridge posting s an ILOC in the amount of $700,000. Accordingly, it is ordered as follows: (1) (2) Any execution on the judgment in this action is stayed; Lionbridge shall, within 15 business days of the date of this Order, post

with the Clerk of the Court an ILOC in the amount of $700,000 to secure the judgment for the benefit of plaintiff;

Case 1:04-cv-01160-LTB-CBS

Document 136

Filed 01/16/2007

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(3)

This stay shall terminate without further notice if Lionbridge' Rule 59 s

motion is denied and Lionbridge does not file an appeal within the time allowed by Fed.R.App.P. 4(a)(1)(A) and 4(a)(4), or if Lionbridge does file an appeal but does not timely post a supersedeas bond under Fed.R.Civ.P. 62(d). The amount of any supersedeas bond or other security posed to obtain a further stay of execution of any judgment during the pendency of any appeal shall be determined after the rulings on the pending Rule 59 motions. Done and So Ordered this 16th day of January, 2007.

s/Lewis T. Babcock Chief Judge Lewis T. Babcock United States District Court for the District of Colorado