Our Blog
Stay Pursuant to CPLR 5519
Recently, I had a client contact my office for a Stay pursuant to CPLR 5519/ CPLR 5518 where the court granted a replevin action where the client would have to turn over certain items, and which required the party seeking the replevin to post a bond. The party that...
Release of a Temporary Restraining Order (TRO) Bond
Today, I want to speak about a Release of a Temporary Restraining Order (TRO) Bond. In the past, we've spoken about temporary restraining order bonds where a corporation, an entity, or individual is seeking to restrain someone from doing something. In the past, that's...
Writ of Certiorari Bond
A Writ of Certiorari bond is a surety bond that guarantees the payment for costs related to the transfer of a suit from one court to another. The primary way to petition the court for review is to ask it to grant a writ of certiorari in which the Supreme Court orders...
Bonds to Secure the Faithful Performance of Duties
At times, Referees are appointed by a Judge pursuant to a Court Order for matters related to the sale of certain assets. A Referee can be appointed to sell real property, review accountings, and various other matters that may arise in the course of a court proceeding....
Pedersen & Sons — A Global Bonding Agency
A common question that lawyers ask my office is: When I am handling either an estate or litigation for a client in another state outside of New York, do you know somebody to whom I can refer for the bond that's going to be needed?” My answer is always, "Why don't you...
Non-Construction Payment and Performance Surety Bonds [VIDEO]
Information on securing payment and performance surety bonds for clients who need them for non-construction contracts. Neil Pedersen PEDERSEN & SONS SURETY BOND AGENCY, INC. 15 Maiden Lane Suite #800 New York, NY 10038 212-227-7277 800-720-7277...
Form 11 Surety Bond for Temporary Restraining Order or Preliminary Injunction
When seeking a Temporary Restraining Order or a Preliminary Injunction, the United States Court of Federal Claims can require a bond to secure the relief being sought. The Court has a specific bond form that they use which is referred to as Form 11: SURETY BOND FOR...
Injunctive Relief in Labor Disputes
New York State Labor Law Section 807 provides for injunctive relief related to a labor dispute and union organization where the judge can grant the injunction or restraining order. A condition of the court issuing the injunction is for the plaintiff to post a bond or...
Navigating Surety Performance and Payment Bonds
I am pleased to announce that I recently had the opportunity to co-author an article for the New York Law Journal with Jacqueline Greenberg Vogt, Esq. of Mandelbaum Salsburg, P.C. Attorney Vogt is a client, for whom I have issued bonds in the past. The subject of the...
Obtaining and Filing Bonds in Surrogate’s Court in New York in the COVID-19 Era
My name's Neil Pedersen of Pedersen & Sons Surety Bond Agency and today I am going to discuss the new procedure in the COVID era for obtaining and filing bonds in Surrogate's Court in the various counties of New York. As we continually move through the pandemic,...