Reddy

This is a judgment enforcement procedure situation. This court's money judgment has been appealed but may be collected in this judicial district because no supersedeas bond has been posted. The appeal, however, by virtue of the federal judgment registration statute ( 28 U.S.C. § 1963 ), prevents registration and collection in other districts unless this court finds "good cause" to register the judgment elsewhere. This opinion addresses § 1963"good cause" in the bankruptcy context.

There being § 1963"good cause" in this bankruptcy adversary proceeding, the motion to register will be GRANTED.

Facts

This court entered judgment for $8.46 million against the debtors based on conduct determined to be willful and malicious so as to except it from chapter 7 discharge. The judgment also revoked the debtors' discharge, enabling plaintiff to proceed with a pending state court jury trial for additional damages on account of issues not resolved by this court. The debtors appealed without posting a supersedeas bond. Nonexempt assets in this judicial district are not adequate to satisfy the judgment. Potentially nonexempt assets are in two other judicial districts.

Jurisdiction

Jurisdiction…