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ERISA 4204 — Withdrawal of Liability Bonds — Part 1 of 2
The ERISA 4204 section comes into play when an employer ceases covered operations under a multi-employer plan or ceases to have an obligation to contribute to such operation because of a bonafide, arms-length sale of assets to an unrelated purchaser who does not recur...
Kentucky Seizure Bonds
From time to time, companies need to either seize a product or obtain a replevin for a product that they sold or leased to another company where that other party is no longer paying or is no longer entitled to said property. In the state of Kentucky, pursuant to...
Airline Reporting Corporation (ARC) Carrier Service Agreement Bond
The Airline Reporting Corporation (ARC) allows travel agents who are authorized by the ARC to book flights for their clients now and pay later. It would not be feasible for the travel agent to pay for every flight they book as they book them. The travel agent is...
USDC of Arizona — Is Your Bonding Company on File With the Court?
The United States District Court (USDC) for the District of Arizona requires that companies issuing and filing bonds have the signatory for the company, known as the Attorney in Fact, be on file with the court before they accept the bond. This is something you should...
Temporary Restraining Order Bonds — Discretionary in Most Jurisdictions
In most jurisdictions, temporary restraining orders (TRO) are generally discretionary. When you're seeking an order to temporarily restrain a party from doing something, a bond can be required. A lot of times it's up to the judge to order or not order the bond,...
Ohio Supersedeas Bond — Obtaining a Stay of Execution of a Judgment Pending Appeal in the State of Ohio
The purpose of this blog is to break down what is needed to obtain a stay of execution on a judgment pending appeal in the state of Ohio. In Ohio, they follow a specific format for what's required for the stay, which is referenced in the Ohio Laws and Administrative...
Supersedeas Bonds, Again!
Today we're going to discuss supersedeas bonds, again. However, in this article, we're going to look at what happens when you need to obtain a stay of execution for an Order in an adversarial proceeding in bankruptcy court. In most cases, there will not be a...
Filing a Discharge Mechanic’s Lien by Bond
In the past, I've discussed the Discharge of Mechanics Lien bonds in the state of New York and the various counties of New York. Today, I'm going to talk about the filing process which falls outside of what a bonding agency handles, which is necessary and pursuant to...
Nevada’s Notice of Non-Responsibility Bond
Today, we are going to discuss a bond that's specifically required in the state of Nevada. In Nevada, there's a revised statute 108.2403 and 108.2415. For a tenant, building out a space in either an office, a mall, or any sort of property, the landlord can provide...