One of our senior Bond Specialists, Conway Marshall, recently published an article in Bond Magazine about Appeal Bonds. Verdict is published for the membership of the Association of Southern California Defense Counsel. You can read the full article...
As we approach the final months of the year, it is important to discuss the most common state license and permit bond renewal date. There are many license bonds that expire on December 31, as required by state rules and regulations. The 12/31 date is built into some...
What is the purpose of an appeal bond? Bonding companies are licensed third-party guarantors that provide surety to an obligee that another party (the bond principal/judgment debtor) will, in fact, pay the judgment upon appeal if required to do so. If the judgment...
Judgment debtors are sometimes required to post cash or a letter of credit as collateral to the surety company to obtain an appeal or supersedeas bond. This article runs through fundamental differences between these two collateral options and what a bond principal or...
A Brief Overview of Appeal Bonds During litigation, defendants who take adverse monetary judgments in Superior Court may wish to appeal to the Court of Appeal. The filing of a Notice of Appeal does not automatically stay enforcement of the judgment, so an Appeal Bond...
As many are aware, our office operates out of New Orleans, LA, which was hit by Hurricane Ida a couple weeks ago on the 16th anniversary of Hurricane Katrina. Most of our employees were without power for a week, while several remain in the dark 10 days after the...
