The Issue

Often times, in order to appeal a verdict a defendant must bond the entire cost of the judgment plus interest and attorney’s fees. In cases involving multi-million or billion dollar jury awards, a defendant may be unable afford the cost of this bond, effectively being denied due process of law.

The Solution

LRANY supports legislation which would cap appeal bonds at $50 million, provided the defendant is not liquidating assets or attempting to evade justice.

 

FactsNews Take Action_blue_2

For legislative memos and information, visit our Legislative Resources page.