ComputerLand got a bond for an appeal.

The Oakland-based company said it has arranged to pay a commitment fee to obtain a $283-million bond that will permit appeal of a March 11 Alameda County court decision. The March 11 decision gave $141 million in cash and 20% interest in all businesses owned by ComputerLand’s founder, William H. Millard, to a group of about 50 speculators who own Micro/Vest. The bond guarantees ComputerLand’s payment of the judgment in the event the judgment is upheld by the California Court of Appeals. ComputerLand’s president, Barbara Millard, said that, although the bond now is available, which permits an appeal, a favorable decision by the trial judge on a series of post-trial motions would eliminate the need for the bond or an appeal.