While Federal Rule of Civil Procedure 62 provides the general rule for supersedeas bonds in federal courts, many states have adopted and reformed their appeal bond statutes to help defendants more easily secure their right to an appeal.
The American Tort Reform Association (ATRA) backed this effort to help defendants have their cases reviewed.
California, for example, has capped the amount of an appeal bond to the lesser of 100% of the judgment or $150 million. New Jersey has capped the amount of an appeal bond at $25 million while New York still has no cap on appeal bonds. Learn more about appeal bond reforms and caps by state.
Where can you easily purchase an appeal or supersedeas bond?
Colonial Surety offers the direct and digital way to obtain an appeal or supersedeas bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, satisfy underwriting requirements, and enter your payment method. Print or e-file your bond from your office. It’s that simple!