The judicial bond is an agile, suitable and economically accesible tool available to the parties (plaintiff/defendant), which guarantees any of the judicial procedural obligations when the corresponding code demands so.
They are applied both to those cases where the judge or participant authority has decided to order a preliminary injunction (defendant), or to those where it has been ordered to get an injunction bond (plaintiff).
- Information about the obligation to be guaranteed
A brief summary will be asked from the participant attorney about the judicial situation of the obligation to be guaranteed, together with a copy of the measure that attaches the lien, if any.
- Information about the contracting party
If it is the first time the party operates with us, we will ask for a copy of the last financial statements; if it is a society or an individual, they will be asked to provide a summary of the amounts invoiced in the last 12 months and information about their assets.
- Additional Information
So as to evaluate the risk under the process of being guaranteed, in some cases, some additional information may be requested on the obligation to be guaranteed or on the contrating party / taker of the insurance.