Appeal Bond

An appeal bond is needed when appealing a judgment to a higher court. A party whom a judgment has been rendered against files this bond with a court. This surety bond guarantees the execution of the fiduciaries' duties (sometimes with interest) should the appeal fail.

Appeal bonds always require 100% collateral; this requirement is industry wide and is not expected to change in the foreseeable future. Because of this requirement for collateral there are no special markets.