In Hershey v. ExxonMobil Oil Corp., Nos. 12-3309, 13-3029 (10th Cir. Dec. 16, 2013), a class action settlement provided, among other things, that because an appeal by an objecting class member would “delay the payment” to the settlement class, each objecting class member who appealed settlement approval was required to put up a cash bond sufficient to “reimburse Class Counsel’s appellate fees, Class Counsel’s expenses, and the lost interest to the Class caused by the delay.”  Objecting class members did not post the bond and argued the bond requirement was inappropriate.  The Tenth Circuit disagreed, finding the argument had been waived because the objectors did not object to the specific portion of the settlement.  Moreover, the Tenth Circuit rejected the argument that the bond provision would discourage objections, concluding that the bond provision applied to appeals, not objections.  Finally, the court concluded that the rules permit the posting of a bond to secure a judgment of a trial court.  While the proposed bond provided security for more than the consequence of the delay, Fed. R. App. P. 7 does not foreclose parties from providing broader security.