An applicant for a stay of a money judgment pending appeal must adduce detailed evidence of financial hardship and the risk of irrecoverable loss, not merely vague assertions through a solicitor's affidavit on information and belief. An undertaking not to encumber property is insufficient protection where the evidence of the property's value is unverified and the undertaking does not prevent disposal of other assets. The court may take into account its preliminary assessment of the strength of the appeal in determining whether to grant a stay.
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