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Appeal Bond
(redirected from Appeal Bonds)

   Also found in: Legal 0.01 sec.
Appeal Bond
In an appeal, a bond that guarantees payment of the original judgment. For example, if Joe sues Bob for $1 million and Joe wins, Bob may appeal to a higher court to reverse the ruling. However, the higher court may require Bob to post an appeal bond of $1 million plus the cost of the appeal just in case he loses the appeal as well. This assures Joe will be paid (assuming he also wins the appeal) and discourages frivolous appeals.


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If there are no bail bonding processes, then the courts quickly clog up and there is no space to hold all of the defendants who await trial under court or appeal bonds.
Appeal Process and Appeal Bonds The defendants will appeal the Court's overall judgment in the lawsuit to the U.
Most states set appeal bonds of 100 percent of the judgment, plus costs and interest.
 
 
 
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