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appellants collectively shall not exceed $250,000,000,
regardless of the amount of the judgment, provided that this
limitation shall apply only if appellants file at least 30% of
the total amount in the form of cash, a letter of credit, a
certificate of deposit, or other cash equivalent with the
court. The cash or cash equivalent shall be deposited by the
clerk of the court in the account of the court, and any
interest earned shall be utilized as provided by law.
(b) Notwithstanding subsection (a) of this Section, if an
appellee proves by a preponderance of the evidence that an
appellant is dissipating assets outside the ordinary course of
business to avoid payment of a judgment, a court may require
the appellant to post a supersedeas bond in an amount up to the
total amount of the judgment.
(c) This Section applies to pending actions as well as
actions commenced on or after its effective date, and to
judgments entered or reinstated on or after its effective date.
This Act takes effect upon