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...
Offenhartz & Pedersen, LTD. would like to wish you and your family a healthy and happy Thanksgiving weekend! Thanksgiving is a time for gratitude, and we would like to thank our business partners, clients, and colleagues for a great year of service and their...
A court or miscellaneous bond sometimes has an open penalty, which simply means a bond penalty does not have a finite limit. Open penalty bonds carry many risks and hazards because the surety does not know the exact amount of liability it must guarantee. A typical...
When a bond applicant submits an application, the applicant must also submit relevant court papers for most of the bonds we issue. The court documents are a necessary part of the underwriting process. Underwriters and producers need to fully examine and understand the...
This blog post intends to describe and explain one of our specialties – the supersedeas bond. When a judge rules a monetary judgment in favor of a plaintiff, the judge orders the defendant to pay the plaintiff in the amount of the judgment. However, if the defendant...