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Court considers whether $25 million supersedeas cap multiplies across multiple judgment debtors
Summary
The court heard competing readings of Texas Civil Practice & Remedies Code Chapter 52: whether the $25 million statutory cap on security for a money judgment applies per judgment or per judgment debtor when multiple defendants share a single final judgment.
May it please the court: advocates in a large wrongful-death verdict argued over the scope of the statutory $25 million supersedeas cap in Chapter 52 of the Texas Civil Practice & Remedies Code. Relator counsel told the court that the statute''read as a whole''limits the amount of security for a money judgment to $25 million per judgment debtor, not per aggregated final judgment, and that the text, structure, and legislative purpose of chapter 52 do not permit stacking the cap by multiplying it across multiple defendants in a single judgment. Real-party counsel said the statutory definition of "security" points to a bond posted "by a judgment debtor,"…
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