Undertaking on Appeal for Section 625 NY Labor Law Code
This blog is concerned with an undertaking on appeal for Section 625 of the New York Labor Law Code. This is when the Department of Unemployment Benefits assesses an underpayment and determines that a company owes an amount for underpayment of funds to them. A company...![Appellate Bonds [VIDEO]](https://courtbondnow.com/wp-content/uploads/2020/10/Appellate-Bonds-dplic-40024285.jpg)
Appellate Bonds [VIDEO]
This is the first of a multi-part series about appellate bonds, also known as supersedeas bonds, undertakings on appeal, and stay bonds. This part of the series describes the purpose of an appellate bond, which is to guarantee the payment of the judgment once the...
Third Party Indemnity Related to Court Bonds
There are times when a client needs to obtain a bond and is unable to do so. In cases like these, a third party could be willing to guarantee the bond. This would require the third party to execute an Indemnity agreement with the surety in addition to the bond...Courts Reopening: Get Those Bonds Prepared Now [VIDEO]
The COVID-19 pandemic closed non-essential businesses, restaurants, and courts. Now that the curve is flattening, courts are reopening, but the line of attorneys trying to file things will be out the door. This blog discusses the advisability of preparing bonds now so...