In Need of a Supersedeas or Appeal Bond in New Jersey?
A supersedeas bond in New Jersey, also known as an appeal bond, is an extension of credit on behalf of the judgment debtor to the judgment creditor. In theory, a non-party could appeal the decision and want a stay on behalf of another entity. The bond is bound to the...
A Surety Bond Guarantee
Today, I would like to discuss a particular type of surety bond, referred to as a surety bond guarantee, and furnished as evidence of financial right and responsibility under the Oil Pollution Act of 1999 and the Comprehensive Environmental Response Compensation and...
Underwriting Surety Bonds
Today, I want to talk about our approach to underwriting surety bonds. We try to take a multi-step approach where we look at the client’s financials, the bond risk, and the different ways we can secure the client’s assets, if needed, from both an indemnity and a...