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MATTHEWS v. CTI CONTAINER TRANSPORT INTERN. INC.

No. 86 Civ. 1420 (MGC).

689 F.Supp. 348 (1988)

Thomas J. MATTHEWS and Kathleen Matthews, Plaintiffs, v. CTI CONTAINER TRANSPORT INTERNATIONAL INC., Grato & Sons Trucking Co., Inc., Raymond Rodino, Barbara O'Connor, Dennis O'Connor, Gelco CTI Container Corp., Transatlantica Espanola, S.A., and Interpool Ltd., Defendants.

United States District Court, S.D. New York.

July 21, 1988.

Attorney(s) appearing for the Case

Morris J. Eisen, P.C., New York City by Joseph P. Napoli, Arthur M. Luxenberg, for plaintiffs.

Gladstein & Isaac, New York City by Irving Rosen, for O'Connor defendants.

MEMORANDUM AND ORDER

CEDARBAUM, District Judge.

Defendants Barbara and Dennis O'Connor, along with other defendants, are liable to plaintiffs in the sum of approximately $6.5 million on a judgment entered on a jury verdict on June 29, 1988. The O'Connors' insurance coverage totals $5.1 million.

The O'Connors have moved pursuant to Fed.R.Civ.P. 62(d) and (f) for a stay of execution of the judgment against them upon the posting of supersedeas bonds...

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