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Copyright © International Chamber of Commerce (ICC). All rights reserved. ( Source of the document: ICC Digital Library )
2010 LC CASE SUMMARIES __ F. Supp 2d __, 2009 WL 2705024 (E.D.Ark. August 26, 2009) [USA]
Topics: Use; Supersedeas Standby
Article
Note: Recognizing that the total judgment, including costs, interest, and damages for delay would be in excess of its current US$ 5,000,000 supersedeas standby, appellant, All-Ways Logistics, Inc., moved to renew and increase it to US$ 5,500,000. The US District Court for the Eastern District of Arkansas, Wright, J., granted the motion.
Subsequently, the US Court of Appeals for the Eighth Circuit, 583 F.3d 511 (2009) affirmed the trial court entry of judgment on a verdict in favor of appellee. [JEB]
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