Indemnification Agreement Archives • Pedersen & Sons

We Need Collateral!

by admin | Sep 11, 2023 | Surety Bonds

One of the favorite things surety bond agents love to say is either “No,” or “We need collateral.” If you approach somebody who does not know or is not familiar with this specific type of bond, the default is to say: No surety is writing this bond. We are...

Indemnification Agreement and the Payment of a Bond Premium

by admin | Aug 16, 2023 | Bond Premium, Indemnification Agreement

Surety bonds are issued regularly, with the various terms and requirements of the bond put in place. Sometimes collateral can be required either by the client offering such or a surety requiring it. Sometimes attorneys and clients want to know why a surety still...

Temporary Restraining Order Bonds — Discretionary in Most Jurisdictions

by admin | Jan 5, 2023 | Temporary Restraining Order

In most jurisdictions, temporary restraining orders (TRO) are generally discretionary. When you’re seeking an order to temporarily restrain a party from doing something, a bond can be required. A lot of times it’s up to the judge to order or not order the...

We Need Collateral!

Indemnification Agreement and the Payment of a Bond Premium

Temporary Restraining Order Bonds — Discretionary in Most Jurisdictions

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