Filed - Supreme Court of Texas

However, Stewart and Robert McCullough testified that the McCulloughs were not
selling their assets.
18. The Court finds that the McCulloughs' current net worth is $743,600.00.
In making this finding, the Court has deducted from Defendant's liabilities reflected in
their Financial Statement the following liabilities: (a) $365,000.00 represented in
Defendants' Financial Statement as "Judgment Payable;" (b) $35,000.00 represented in
Defendants' Financial Statement as "Income Taxes - Current Balance"; and (c)
$18,000.00 represented in Defendants' Financial Statement as "Estimated Income Tax."
19. The Court finds that it is not likely the McCulloughs will suffer substantial
economic harm if required to post a total supersedeas bond of $371,800.00, which is 50%
of $743,600.00.
20. The McCulloughs have already posted $162,800.00 as a c~h deposit to
supersede the Judgment. In order to post a supersedeas bond equal to 50% of the
McCuUoughs' net worth, they will be required to post an additional bond or cash
deposit of $209,000.00.
21. The McCulloughs have sufficient unencumbered cash or Qther assets on
hand to be able to post a bond or cash deposit for an additional $209,090.00. Without
limitation, the McCulloughs have between $51,000.00 1 and $64,154.00 2 in cash,
$312,900.00 in retirement accounts, and $100,000.00 in personal effects and jewe1ry. The
I This amount was testified to by Robert McCullough at the hearing.
llbis amount is listed in Defendants' Motion for Reduction ofCssh Deposit.
ORDER ON SUPERSEDEAS BOND - PAGE 5
335