litigation Archives • Pedersen & Sons

Refinancing Your Property? Beware of Mechanic’s Liens!

by admin | Jan 10, 2025 | Mechanic’s Lien Bonds, Surety Bonds

Let’s discuss talking about interest rates, and why I’m talking about them now. The Federal Reserve has cut interest rates, which means mortgage rates are decreasing. It’s an ever-exciting topic. With that said, you may ask, how does that relate to...

How to Properly Cancel or Discharge a Mechanic’s Lien

by admin | Dec 22, 2021 | Court Bonds, Mechanic’s Lien Bonds, Surety Bonds

Today, I would like to discuss how to properly cancel or discharge a Mechanic’s Lien, which is also sometimes referred to as a Release of Lien Bond. One way to properly cancel or discharge a Mechanic’s Lien is to file a satisfaction of lien — if the lien was...

Pedersen & Sons — A Global Bonding Agency

by admin | Jul 16, 2021 | Bonding License, Bonding Procedures, Surety Bonds

A common question that lawyers ask my office is: When I am handling either an estate or litigation for a client in another state outside of New York, do you know somebody to whom I can refer for the bond that’s going to be needed?” My answer is always,...

Difference Between Preliminary Injunction and Temporary Restraining Order (TRO)

by Neil Pedersen | Jan 23, 2014 | Bonding Procedures, Court Bonds, Suretyship

The difference between a temporary restraining order (TRO) and a preliminary injunction seems fairly subtle. In litigation cases, the terms sometimes get used interchangeably. Both a TRO and a preliminary injunction provide a remedy for an allegedly aggrieved party...

Commercial Surety and Contract Surety

by Neil Pedersen | May 24, 2013 | Miscellaneous Bonds, Suretyship

Surety consists of two main divisions – commercial surety and contract surety. These two divisions differ from each other in several ways. Contract surety involves bonds for private and public enterprises pursuing the fulfillment of a contract. These bonds act as a...

Refinancing Your Property? Beware of Mechanic’s Liens!

How to Properly Cancel or Discharge a Mechanic’s Lien

Pedersen & Sons — A Global Bonding Agency

Difference Between Preliminary Injunction and Temporary Restraining Order (TRO)

Commercial Surety and Contract Surety

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