The United States District Court (USDC) for the District of Arizona requires that companies issuing and filing bonds have the signatory for the company, known as the Attorney in Fact, be on file with the court before they accept the bond. This is something you should...
Why do courts require surety bonds instead of cash or security deposits from litigants, guardians, and other principals? Generally, courts do not have the capacity to manage and keep track of cash collateral or security deposits. In the past, courts have misplaced...
This blog post intends to describe and explain one of our specialties – the supersedeas bond. When a judge rules a monetary judgment in favor of a plaintiff, the judge orders the defendant to pay the plaintiff in the amount of the judgment. However, if the defendant...