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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: jim kelley who wrote (43362)6/4/2000 2:26:00 AM
From: Brian1970  Read Replies (1) | Respond to of 93625
 
A prelim. injunction does require posting of a bond. But I believe the amount of the bond is discretionary with the court. And posting a bond only requires putting up about 10% of the bond amount, I believe. Of course, you have to vouch that you're good for the rest (collateral). If you ultimately win your case, you get the bond money back (no bond is required for a permanent injunction - which you get at the end of your case if you asked for one, and of course, if you win). In case you're wondering, the reason for the bond is to give the enjoined party access to some money down the road if they win the case, and it turns out that they shouldn't have been enjoined (and had their business harmed) in the first place.

I don't know any rules about ITC injunctions.



To: jim kelley who wrote (43362)6/4/2000 4:47:00 AM
From: The Prophet  Respond to of 93625
 
Yes, the federal court action would require the posting of a bond to pay for the cost of any damages suffered by Hitachi in the event RMBS is ultimately unsuccessful in the case.