This is the first of a multi-part series about appellate bonds, also known as supersedeas bonds, undertakings on appeal, and stay bonds. This part of the series describes the purpose of an appellate bond, which is to guarantee the payment of the judgment once the...
Federal Rule 62, Stay of Proceedings to Enforce a Judgment. Subsection (a): Except as provided in Rule 62(c) and (d), execution on a judgment and proceedings to enforce it are stayed for 30 days after its entry, unless the court orders otherwise. To obtain a stay...