1/ Good question! I am not a lawyer, but ... It depends. With the recent court ruling on the Borgata-Gemaco dispute, it appears the Borgata-Ivey judgment (which had been stayed) can now be appealed.
-
This Tweet is unavailable.
-
-
Replying to @Grange95 @jesswelman
2/ During an appeal, a party can stay enforcement of a civil money judgment by posting a supersedeas bond, which is just a surety bond issued by an insurer guaranteeing payment of the judgment if the appeal is unsuccessful.
1 reply 0 retweets 1 like -
Replying to @Grange95 @jesswelman
3/ If no appeal bond is posted, the judgment can be enforced. Here, Borgata could garnish wages, levy on bank accounts (or private cashier cage boxes at a casino), or seize poker tournament or cash game winnings.
1 reply 0 retweets 0 likes -
Replying to @Grange95 @jesswelman
4/ However, collecting on judgments is hard. Here, the judgment would have to be filed in a Nevada court. Then Borgata would have to use Nevada collection methods, which can take time (lots of paperwork and process serving).
1 reply 0 retweets 0 likes -
Replying to @Grange95 @jesswelman
5/ So, unless Borgata has been preparing well in advance, the window for seizing cash from Ivey at the WSOP might be too short.
1 reply 0 retweets 0 likes
6/ Oh, FRCP 62(d) covers stays of judgment on appeal and supersedeas bonds in federal court (Borgata case is in federal court). State courts have roughly analogous rules.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.