What You Need to Know About A Detroit Injunction Bond

April 11, 2017 by · Leave a Comment 

A Detroit injunction bond is a required surety bond during an injunction process. When a court mandates a surety bond they are serious. A plaintiff wishing to a particular action from happening has to prove to the court they have grounds to do so. Detroit injunction bonds help serve that purpose.

What Is An Injunction?

Detroit injunction bonds are only used in injunction cases. An injunction is a type of judicial order that requires another party to do or to stop doing something. This could be stopping the sale of property or stopping visitations.

There are three types of injunctions possible including temporary injunctions, preliminary injunctions, and permanent injunctions. In each type, an injunction bond is required. This mandate applies to all of Michigan, not just Detroit.

Why Are Injunction Bonds Used?

View of Detroit taken from a high view point, perhaps a helicopter. The buildings of downtown are prominently shownCourts in Michigan, as elsewhere in the United States, use injunction bonds to protect the party on the receiving end of the injunction from wrongful doing. For instance, if a plaintiff seeks an injunction against someone to stop the sale of property, the defendant is at risk of a financial loss if the action is later deemed unlawful. The injunction surety bond covers the financial risk that comes with causing or stopping the action.

Surety bonds are used as a source of protection no matter which type of bond. A probate bond can protect a trust, a licensed broker bond can protect the public, and an injunction bond protects an individual.

Bond experts at Jurisco understand all the Detroit surety bond requirements. No matter what type of injunction a client is dealing with, Jurisco experts can handle the case.

How Long Does A Detroit Injunction Bond Last?

A Detroit injunction bond must last for as long as the injunction. There are scenarios where a judge can waive the bond completely or limit the time it must be valid. Once Jurisco receives the injunction bond application, bond writers get to work determining the necessary lifespan of the bond. Clients can contact Jurisco with any questions or concerns they have.

Don’t let a Detroit injunction bond be a headache. Work with Jurisco and let the bond professionals handle everything for a Detroit injunction bond. Jurisco will deliver the best bond at the lowest surety rate possible for Michigan.

Construction Injunction Bonds in California

September 3, 2014 by · Leave a Comment 

Construction Injunction Bonds in CaliforniaHave you ever heard the acronym “NIMBY” before?  In case not, it stands for “Not in My Backyard”, and is a pejorative term for activist neighbors or communities that staunchly oppose some new development on often spurious grounds.  “Want to build a park? Well, not in my backyard.  It will attract too many teens and they will do serious harm to my quality of life”  And so forth.  Not all claims are spurious, of course, and sometimes lawsuits are necessary stop construction before claimants suffer greater harm.  In California courts, the only effective way to get immediate relief before the suit goes to court is to file a Preliminary Injunction.  And to do so, a claimant in California must post an Injunction Bond.

An example of this scenario, where NIMBY-ism was taken to the extreme, is found in a New York Times article written by Allison Arieff.  (See LINK for full article).  In the article Ms. Arieff describes how a small group of concerned residents halted construction of a house because they didn’t like the look of it (this is a simplified summary).

So construction was halted, what’s the big deal? Why the need for an injunction bond?  Well, the fact is that once construction is halted due to a pre-judgement injunction, it is the defendants who are at risk of being harmed.  Construction delays are expensive and there is an emotional distress resulting from being prevented from living in your home.  So,  in this case, the injunction bond is necessary as it protects the defendant from being wrongfully enjoined; the bond bond covers any damages the defendant may sustain should the court rule the plaintiff’s suit is wrongful (we know this definition is correct, because it comes from the Jurisco website!)

There are many scenarios where construction may pose material harm to a neighbor and not just pique their ire over modernist architecture.  For instance,  the excavating of a property causes damage to a neighbor’s foundation and halting construction is the only way to prevent serious more  foundation damage from occurring.   If you find yourself in this situation and you wish to learn more about California Injunction Bonds and injunctive relief, please contact the surety bond experts at Jurisco and one of their knowledgeable staff will be happy to answer all your queries.

Injunction Bonds in California

April 28, 2014 by · Leave a Comment 

Injunction Bonds in California Injunction Bonds in California

At Jurisco,  Injunction Bonds in California, are part of our daily life and a recent post on worldipreview.com (an intellectual property issues online publication) is especially pertinent to our mission.  Before going into to more detail, let me pose a few questions:  Have you ever seen someone hawking high priced luxury goods on the street for mind blowingly good deals?  Or (in case that you’ve never been to a big city) have you ever seen luxury goods such as Cartier, Chloe, Rolex, Prada and Alfred Dunhill advertised online for rock bottom prices?  If you answered yes to either of these questions then you have been exposed to the economy of counterfeit luxury goods.  This aforementioned article (see full post here)  goes into detail on the counterfeit goods industry and the fallout when Lawful Patent holders sue companies sue over claims of counterfeiting and patent/trademark infringement.

What make the case outlined in the article really fascinating is that the presiding Judge of US district court, Central California District, also allowed for the websites selling the counterfeit goods to also be held liable since they knowingly sold hawked products!  Crazy.  And an Injunction was slapped on the websites (named are:  tradekey.com, saudicommerce.com and b2bfreezone.com) preventing them from selling any known fake goods bearing the plaintiff’s marks.

For those know don’t know, Injunctions are defined (by Cornell Law Online) as: A court order requiring a person to do or cease doing a specific action.They are issued early in a lawsuit to maintain the status quo by preventing a defendant from becoming insolvent or to stop the defendant from continuing his or her allegedly harmful actions.  The ‘harmful actions’ in the case of the counterfeit watches would be the selling of replica products known to be fake.  And often an Injunction Bond is required by the court in order for the Injunction to be granted.  The Injunction bond protects the defendant from harm if the court decides in favor of the defendant.

California is a hotbed for Injunctions due to the state being the major place of entry for goods from Asia.  And the surety bond experts at Jurisco are uniquely experienced to answer any questions regarding civil injunctions for the patent and trademark legal community.  For for information on California Injunction Bonds,  please contact Jurisco and their friendly staff will answer any of your questions.

California Injuction Bond

June 17, 2013 by · Leave a Comment 

California Injuction BondMaking a lot of news lately are high profile patent infringement lawsuits coming out of silicon Valley. Clearly one of the biggest (and what The Wall Street Journal termed “The Patent Trial of the Century) was Apple’s suit against rival Samsung. Though this case made international news what a lot of people don’t recognize is that there are many smaller patent infringement lawsuits active in California at any time. The superfluity of new technologies has led to patent and trademark law becoming a very active and vital part of the California legal universe. Many of these lawsuits take the form of an injunction which is a legal mechanism to one party uses to strop the other from continuing a contested action. When technology patents are involved it generally takes the form of one company filing an injunction to prevent another company from selling a product which they believe contains patented technology i.e. screen functions. With court dockets becoming increasingly full of these types of lawsuits, California judges have shown a greater emphasis on plaintiff’s procuring Injunction Bonds. California Injuction Bond protect the defendant from being wrongfully enjoined, a surety bond covers any damages the defendant may sustain should the court rule the plaintiff’s suit is wrongful. The cost of the bond will vary depending on the amount of the lawsuit and state and local statutes. Of course, many times these case decision will be appealed. To understand that process please see the next article.

Jurisco knows that this information can be intimidated. They have bond professionals on hand to answer and questions you may have and to make you feel more at ease with the process.

Georgia Court Bonds

April 15, 2013 by · Leave a Comment 

Georgia Court BondsGeorgia Court Bonds are a matter of importance for both the plaintiff and a defendant of a case. Depending on the details of the case, more than one court bond may be required by either party. A Jurisco surety bond professional will work with you to make sure the necessary bonds are written and ready when needed. Today we will talk about only a few types of court bonds. We invite you to contact us to discuss each bond further or to ask questions about a bond not listed.

Counter Replevin

A counter replevin bond is a surety bond required for the defendant who is wishing to regain possession of levied property. The plaintiff in the same case would have used a replevin bond to cover the action of repossession property. As for the replevin bond, the counter replevin bond must full cover the financial worth of the property and any court cost associated with the action. Georgia courts require this measure to protect both parties from a financial loss and wrongful repossession.

Appeal/Supersedeas

An appeal bond (also known as a supersedeas bond) guarantees the judgment will be paid and not delayed by an appeal. The defendant is responsible for obtaining this bond before a judgment is made if he or she wishes to stay a judgment. Otherwise the judgment must be settled immediately despite the time it will take to formerly hear an appeal. Courts require appeal bonds to protect the plaintiff against loss of a judgment or the defendant for dragging out the process simply to delay payment.

Garnishment

When a plaintiff attempts to garnish the defendant’s assets or wages before a judgment is made they are required to have a garnishment bond. This surety bond protects the defendant from any wrongful garnishments or financial losses. The cost of a garnishment bond is determined by the court after calculating the total amount of wages and/or assets to be garnished.

Injunction

An injunction bond is another type of plaintiff bond. When a plaintiff seeks an injunction against a defendant he or she must prove to the court that they will cover all costs. Georgia courts view this mandate as a way of protecting the defendant from being wrongfully enjoined.

Injunction Bond in Illinois

February 21, 2012 by · Leave a Comment 

Injunction Bond in IllinoisA home is for sale in Illinois and a potential buyer is ready to close the deal. What could go wrong? Well, let’s say a divorced couple is fighting for ownership of that property and only one party is selling the house. Now the deal does not seem as sweet. This type of situation where one party does something another party doesn’t believe is right (or even legal) occurs almost daily. When it reaches the point where the courts have to be involved, a plaintiff will file an injunction against a defendant to prevent them from doing the contested action.

Illinois courts mandate if a plaintiff asks for an injunction it must be in conjunction with the filing of an injunction bond. Injunction bond in Illinois to protect the defendant from a financial loss if the injunction is found to be unwarranted. Mandating surety bonds not only helps prevent an unnecessary financial loss but false injunctions. False injunctions could prevent the sale of the above-mentioned house resulting in a huge financial loss.

A surety bond covers the plaintiff’s responsibility of damages and losses to the defendant. Since those damages and losses are dependent on the case, the cost of an injunction bond will vary. The district the bond is filed in may also play a role. The presiding judge in Chicago may require a different cost for an injunction bond than a judge in Peoria depending on local statute. Other personal factors, including bad credit, may also affect the surety bond cost.

To discuss the cost of an Injunction Bond in Illinois, or any other surety bond, contact Jurisco. A bonding professional will answer any questions you have about the injunction process and bond mandates.

 
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