Appellate Practice
Jun. 10, 2010
Not All Costs Are Created Equal
Obtaining an appellate bond or depositing cash to stay execution of judgment isn't as simple as it sounds, write James Martin and David de Jesus of Reed Smith.
James C. Martin
Partner, Reed Smith LLP
Phone: (213) 457-8002
Email: jcmartin@reedsmith.com
James is in the firm's Appellate Group, resident in the Los Angeles and Pittsburgh offices. He is certified as specialists in appellate law by the California State Bar Board of Legal Specialization.
David J. de Jesus
Counsel, Reed Smith LLP
101 2nd St Ste 1800
San Francisco , CA 94105
Phone: (415) 543-8700
Fax: (415) 391-8269
Email: ddejesus@reedsmith.com
Loyola Law School; Los Angeles CA
David is in the firm's Appellate Group, resident in San Francisco office. He is certified as specialists in appellate law by the California State Bar Board of Legal Specialization.
Obtaining an appellate bond or depositing cash to stay execution of judgment is not always as simple as it sounds. Depending on the size of the undertaking, an appellant may be forced to borrow money to fund the undertaking or a letter of credit covering the required amount. Such a loan is rarely interest free and the interest can be quite significant, building over the two or three years while an appeal is pending. Court ...
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