Local Rule Civil L.R. 62: Supersedeas Bonds
S.D. Ala. — Civil rule
Civil L.R. 62. Supersedeas Bonds
(a) A supersedeas bond, where the judgment is for a sum of money only, must be in the amount of the judgment plus fifteen percent (15%) to cover interest and such damages for delay as may be awarded, as well as an additional $500.00 to cover costs. An appellant may move for relief from this Rule.
(b) When a money judgment also provides non-monetary relief, the Court may, on notice, grant a stay on such terms as to security and otherwise as it may deem proper.
(c) Upon approval, a supersedeas bond must be filed with the Clerk, and a copy with a notice of filing must be served promptly on the parties affected thereby. If the appellee objects to the form of the bond or to the sufficiency of the surety, the Court may conduct a hearing to resolve the objections.