The Importance of Verifying Appeal Bonds

In New York State, an automatic stay of execution of a judgment (CPLR 5519) is granted upon the filing of an Undertaking on Appeal and a Notice of Appeal. CPLR 5519 requires that appeal bonds (Undertaking on Appeal) include a provision to bond post-judgment interest...

Appeal Bonds 101

In New York State’s court system, the prevailing party has the ability to execute on a judgment as soon as it has been entered by restraining assets and eventually seizing assets such as real property or bank accounts. The losing side can avoid having money restrained...

What Are Court Bonds?

There are two main types of Judicial Bonds: 1. Fiduciary bonds 2. Court bonds Fiduciary bonds guarantee the court appointed person will rightly care for another’s property. Some fiduciary bonds, such as probate bonds, are required for administrators, executors,...

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