Federal Judge Stays Judgment Pending Appeal Of $7.75M Asbestos Verdict

Mealey's (February 21, 2020, 1:35 PM EST) -- NEW ORLEANS — A bond in excess of $3 million adequately protects the parties to a $7.75 million asbestos verdict, even if plaintiffs prevail on their motion for judgment, a federal judge in Louisiana said Feb. 19 in staying judgment (James L. Gaddy, et al. v. Taylor-Seidenbach Inc., et al., No. 19-12926, E.D. La., 2020 U.S. Dist. LEXIS 27762)....

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