Editor’s note: This is the second part of a two-part series.
In June, Gawker was forced to declare bankruptcy before it could obtain appellate review of the $140 million judgment obtained by Hulk Hogan. Bankruptcy was not Gawker’s first option; it unsuccessfully tried to stay execution of the judgment pending appeal. If confronted with similar circumstances, in-house counsel will quickly realize just how crucial this issue can be. In part one of this two-part series, we discussed the general contours of execution and the most common way for staying execution: posting a supersedeas bond.
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