Appeal Bond Reform: HB 1721 (2000); Fla. Stat. § 215.56005; Amending Fla. Stat. § 17.41
Limits the amount a defendant can be required to pay
Limits the amount a defendant can be required to pay to secure the right to appeal punitive damages awards in class actions to the lesser of 10% of the defendants net worth or $100 million. The reform applies in out‑of‑state judgments during the stay period only.
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