Never have appeal bonds been highlighted in the news as much as they were earlier this year when Donald Trump went through the process to obtain one in his New York civil fraud case. We were not involved in obtaining the $175 million bond on Mr. Trump’s behalf, but during the process we were contacted […]
What We Can Learn from Donald Trump’s Appeal Bond Read More »
In the spirit of the Zen proverb that says, “It takes a wise person to learn from their mistakes, but an even wiser person to learn from others.”, we decided to write an article highlighting some of the most common mistakes we see people make in the appeal bond process. Waiting too long to start
The Biggest Mistakes Made with Appeal Bonds Read More »
For civil defense attorneys, “bond” is a four-letter word in more ways than one when it comes to appeals, because appeal bonds only come into play when something didn’t go right at the trial level. That being said, when the court gets something wrong and an appeal is necessary, it’s extremely important to stay enforcement
A Defense Attorney’s Guide to Appeal Bonds Read More »
When appealing a money judgment, one of the critical steps that needs to be taken early on is deciding how to stay the judgment from being enforced by the prevailing party. Otherwise, the prospective appellant’s assets may be handed over before they even get the chance to have their appeal heard. In the worst instances
Protecting your Client’s Assets on Appeal Read More »
Posted: July 19th, 2023 What does the collapse of banks like Silicon Valley Bank and First Republic Bank have to do with appeal bonds? A lot actually and in this article we will highlight the key points attorneys and their clients should be aware of to help navigate the current environment. Tighter Bank Credit When
How the Recent Bank Turmoil Impacts Appeal Bonds Read More »
While supersedeas bonds are by far the most common form of security used by appellants to stay enforcement of a judgment, there are a limited number of jurisdictions that allow letters of credit from banks as an alternative form of security. If you happen to have a client with a judgment in one of those
Pros and Cons of Using a Letter of Credit to Stay Enforcement of a Judgment Read More »
When appellants don’t timely stay enforcement of a judgment, it can lead to severe consequences. In this article, we aim to educate attorneys on the most common reasons for delays in procuring an appeal bond as security for the stay by citing specific examples, because as Charlie Munger from Berkshire Hathaway once said, “A problem
Avoiding Unexpected Delays in the Appeal Bond Process Read More »
Staying enforcement of a judgment using appeal bonds is a topic most practitioners only have vague familiarity with, but the implications are often significant. This article provides a primer on the basics that will arm attorneys with the knowledge and tools they need to serve their clients that are faced with a judgment. Read Article
Appeal Bonds 101: For Insurers and Insureds Read More »
A lot of people have a sense that appeal bonds sometimes require collateral. How much collateral might be required and in what circumstances is usually a mystery, and the aim of this article is to help understand how appeal bonds are underwritten by surety companies and what is required to put them in place. Before
How Much Do You Have to Put Up for an Appeal Bond? Read More »
Posted: January 9th, 2023 When most attorneys inquire about the cost for an appeal bond, their question typically focuses around the annual premium that the surety company will charge. This is totally appropriate in most circumstances, but when the client is using cash as collateral to secure the bond, there is a second part of
How Rising Interest Rates Reduce Appeal Bond Costs Read More »
