Live and recent posts from across the Fediverse tagged #bondrecovery, aggregated by home.social.
Note that Durkin is one of the few judges that actually requires substantial security bonds in #ScheduleA cases (which he unfortunately refers to as "Counterfeit Cases," regardless of the cause of action), namely $1k/defendant: https://www.ilnd.uscourts.gov/judge-info.aspx?HztO2ip/uh7HVAKHYpZ4iA==
In this case, the plaintiff posted a $250k bond (see ECF 29): https://www.courtlistener.com/docket/67174033/bestway-inflatable-material-corp-v-the-individuals-corporations/
Judge Furman (SDNY) GRANTS motion to recover bond damages in a #ScheduleA case!
More details later but this is too big of a deal not to share right away. This is the first time I've seen (or even heard about) a defendant recovering on one of these bonds.
Note that the bond was only $15k, so not even close to making any defendant whole. But it's still a big deal. More of this please, judges!