Permit Bond | Cslb Bond

New Calif. Appeal Bond Rules Correct Outdated Process

Law360, New York (September 10, 2014, 1:32 PM EDT) -- In most jurisdictions, a plaintiff who wins a money judgment can enforce the judgment even if the defendant decides to appeal — unless the defendant posts a bond or a deposit in lieu of bond, to make sure there’s still a pot of funds to collect from once the appeal is all over.

For example, if the defendant brings a bag of cash into court, depositing the full amount of the judgment plus a statutory amount of interest sufficient to cover what might build up during the life of the appeal, the plaintiff will have to wait for the appeal to...

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