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...
Today, I would like to discuss the execution of judgments and appeal bonds, or bonds used to stay the execution of a judgment. In federal court, this type of bond is called a supersedeas bond, and you generally have 30 “safe” days after the entry of a judgment. What...