PUBLISHED ON: June 16, 2017
It’s the dreaded moment that no general counsel wants to think about — the jury has ruled against your company in a major lawsuit, and has ordered that it pay significant damages to a defendant.
Your attorney assures you that the decision is wrong, and that you are sure to win on appeal.
In the meantime, however, you need to keep the plaintiff from executing his judgment and raiding the company coffers.
That’s where a supersedeas bond comes into play.