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,...
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....
The Balance Sheet acts as one of the principal components of a financial statement. Balance sheets display an entity’s finances on a specific date. Surety bond underwriters thoroughly analyze a balance sheet to understand what kind of assets, liabilities, and equity a...
For litigation bonds, our underwriters may ask to see a principal’s financial statement as part of the application process. This is especially true if the principal is a business, organization, or corporation. Acceptable financial statements prepared by a Certified...
