The inevitable bankruptcy of an individual appellant, with irreversible destruction of professional and business life, constitutes 'exceptional circumstances' warranting a stay of execution pending appeal, even where the appellant's impecuniosity results from deliberate asset-protection arrangements — provided those arrangements were not made in anticipation of the litigation. General prejudice to a respondent from delay to relation-back periods, without identification of specific prejudice, is insufficient to refuse a stay.
The full text is available to signed-in members, including the 10 later cases that cite this judgment.
4 of the 10 citing cases carry a classified treatment. How each court treated it is available to signed-in members.