Maryland Rule 3-641 — a Writ of Execution Bond
This bond is to protect the sheriff for the payment of any expenses that may be incurred in the sheriff’s compliance with what is commonly called a Writ of Execution. When a judge issues a Writ of Execution in the District Court of the State of Maryland, it may...
The California Code of Civil Procedure 527
The California Code of Civil Procedure (CCP-527) covers both preliminary injunctions and temporary restraining orders. A party seeking a preliminary injunction or temporary restraining order may be required to post a bond, which is even more likely with a preliminary...
International Standby Letters of Credit Are Not Acceptable for Bonds in the U.S.
Today, I would like to talk about various international clients who may need a surety bond in the US. European clients may work with banking relationships, which tend to use standby letters of credit to secure different obligations. In the US, the standby letter of...