30th Anniversary [VIDEO]
In February 2022, Pedersen and Sons Bonding Agency celebrated 30 years of service to our clients. We love what we do and look forward to the next 30 years, adding value to our clients by providing the expertise they need when it comes to a bonding situation. Neil...
Bonding Back — a Way of Limiting Your Risk
I wanted to discuss performance and payment bonds where a project is being overseen by a general contractor and that contractor elects to have his subcontractors provide performance and payment bonds as well, which is commonly referred to as bonding back in the...
Connecticut Prejudgment Attachment
In the State of Connecticut, there is an ability for Prejudgment Remedy pursuant to Connecticut General Statute Section 52-278c, where you can apply for what’s called a Prejudgment Attachment. If you were the party being attached, there is a provision to post...
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,...