An Injunction Bond is used in connection with an injunction court order or a preliminary injunction court order necessitates that a party cease and desist a particular action.
An Injunction Bond is a guarantee that covers financial damages to the party served with an injunction notice if the injunction notice is later determined to be wrongful.
Injunctions require an individual or business to do or not to do a specific action and are considered equitable remedies. There are several types of injunctions including a preliminary injunction, an affirmative injunction and a prohibitive injunction.
The premium that you pay will depend on the amount of the bond which is determined by a court order, plus any interest and any other costs. An Injunction bond will require 100% collateral (cash, irrevocable letter of credit or other form of security) and must be provided prior to the bond being issued.
Along with your injunction bond application, we will need a copy of the court order to determine the bond amount which will include any financial loss and litigation costs if the injunction is condsidered improper. You may email this along with your application to email@example.com or fax to 404‑351‑3237. We also write bonds for supersedeas, mechanic's lien and appeal bonds.
Hours: 8:00-5:00 CST, Monday through Friday