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MW Capital Funding, Inc. v. Magnum Health And Rehab Of Monroe, LLC, 16-14459. (2019)

Court: District Court, E.D. Michigan Number: infdco20190412984 Visitors: 29
Filed: Apr. 11, 2019
Latest Update: Apr. 11, 2019
Summary: ORDER GRANTING MICHA'S MOTION FOR APPROVAL OF BOND (DOC. 144) AND STAYING PROCEEDINGS TO ENFORCE THE BENCHMARK ORDER (DOC. 131) GEORGE CARAM STEEH , District Judge . MICHA US, LLC, seeks approval of its stay bond pursuant to Federal Rule of Civil Procedure 62(b), which provides that a "party may obtain a stay by providing a bond or other security. The stay takes effect when the court approves the bond or other security . . . ." Id. MICHA has obtained a bond from Great American Insurance C
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ORDER GRANTING MICHA'S MOTION FOR APPROVAL OF BOND (DOC. 144) AND STAYING PROCEEDINGS TO ENFORCE THE BENCHMARK ORDER (DOC. 131)

MICHA US, LLC, seeks approval of its stay bond pursuant to Federal Rule of Civil Procedure 62(b), which provides that a "party may obtain a stay by providing a bond or other security. The stay takes effect when the court approves the bond or other security . . . ." Id. MICHA has obtained a bond from Great American Insurance Company in the amount of $1,398,959, which the court finds to be satisfactory. See Doc. 144-2.

IT IS HEREBY ORDERED that MICHA'S motion for approval of bond (Doc. 144) is GRANTED and that proceedings to enforce the Benchmark order (Doc. 131) are STAYED.

Source:  Leagle

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