Local Rule CV-62: Stay of Proceedings to Enforce a Judgment
E.D. Tex. — Civil rule
LOCAL RULE CV-62 Stay of Proceedings to Enforce a Judgment
(a) Bond or Other Security. Unless otherwise ordered by the presiding judge, a bond or other security staying execution of a money judgment shall be in the amount of the judgment, plus 20% of that amount to cover interest and any award of damages for delay, plus $250.00 to cover costs. The parties may waive the requirement of a bond or other security by stipulation. The bond shall:
(1) confirm whether the security provider is on the Treasury Department's list of certified companies, unless the court orders otherwise (a link to this list may be found on the court's website); and
(2) confirm the underwriting limitation, if applicable for the type of security.
(b) Electronic Filing Requirement for Bonds. When a bond or other security is posted for any reason, it must be electronically filed in the case by the posting party. The paper original of the security shall be retained by the posting party unless otherwise directed by the court.