A surety bond save Ohio company million dollar($1.2) after a business it was working with declared bankruptcy. United Architectural Metals (UAM) was able to recover the $1.2 million owed by Trainor Glass Company because Trainor used a surety bond. By using a surety to protect the company’s assets, Trainor was able to properly settle their […]

Appeal bonds can be so costly for businesses, So florida lawmaker want to cap appeal bond amount. The cost of an appeal bond is a percentage of the amount of the bond, which is based on the money judgment. When tobacco companies face hundreds of millions of dollars in judgments, the cost for an appeal […]