A. Supersedeas where Judgment for a Sum Certain

Where the judgment is for a sum of money only, a supersedeas bond shall be in the amount of the judgment plus one year's interest at the rate provided in 28 U.S.C. §1961, plus $500 to cover costs and, if eligible under Rule 409, may be approved by the clerk. The bond amount fixed hereunder is without prejudice to any party's right to seek timely judicial determination of a higher or lower amount.

B. Condition of Bond; Satisfaction

The bond shall be conditioned for the satisfaction of the judgment in full, together with costs, interest, and damages for delay, if for any reason the appeal is dismissed or if the judgment is affirmed, and to satisfy in full such modification of the judgment and such costs, interest, and damages as the appellate court may adjudge and award.

Committee Note: This rule is based on local General Rule 28 as amended 28 December 1992.