FRCP 65: No restraining order or preliminary injunc except upon giving of security for payment of costs and damages that may be suffered by any party found to have been wrongfully enjoined or restrained
Reduces risk of uncertainty by shifting some of the risk to P.
Split as to whether recovery by D can exceed amount of bond.
CASES
COQUINA OIL CORP. V. TRANSWESTERN PIPELINE, CO.
PROBLEM: THE DEAF GRADUATE STUDENT
COYNE-DELANY CO. V. CAPITAL DEVELOPMENT BOARD
SPECIFIC PERFORMANCE OF CONTRACTS (CB 90) [Gilbert 300]
VALID CONTRACT EXISTS BETWEEN THE PARTIES WITH clear, DEFINITE, AND CERTAIN TERMS [Gilbert 36]
NEED ADEQUATE CONSIDERATION
MUST BE EASY FOR THE COURT TO SUPERVISE
THE PLAINTIFF HAS SUBSTANTIALLY PERFORMED (and satisfied all conditions precedent to D’s obligation to perform) AND CAN CONTINUE PERFORMANCE
DEFENDANT IS ABLE TO PERFORM
Mutuality of Remedy: mutuality problems usually arise in personal service Ks, because the court couldn’t order a party to fulfill such a K without violating constitutional prohibitions on involuntary servitude. May also apply to minors.
THE DECREE IS SUPERVISABLE AND ENFORCEABLE, but court doesn’t want to supervise over a long period of time.