When an appellate lawyer puts a client in touch with Court Surety Bond Agency, the client is in a tough spot. “They’re going to be facing a verdict, an adverse verdict, or it’s just entered, and they're coming to us because they need to post a bond” to stay judgment enforcement during appeal, says Arturo Ayala, the company’s vice president. In this conversation with hosts Todd Smith and Jody Sanders, Arturo takes a deep dive into this type of bond, starting with the initial conversation with the client. “With supersedeas bonds, the underwriting – what I tend to explain or compare it to – it's very similar to banking,” he says. “It's strictly a financial guarantee.” Arturo goes on to describe the timing necessary to put a bond in place, the factors that play into a client’s premium rate, and the pros and cons of each type of collateral. Tune in as he explains why his key tip is what not to do: “Don't wait ‘til the judgment is entered.”

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Supersedeas Bonds in the Real World: Timing, Collateral, and Cost | Arturo Ayala

Texas Appellate Law Podcast

Letters of credit and bank relationships

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