Search results
Results From The WOW.Com Content Network
A bail bondsman located outside of the New York City Criminal Court in Manhattan, New York City. A bail bondsman, bail bond agent or bond dealer is any person, agency or corporation that will act as a surety and pledge money or property as bail for the appearance of a defendant in court.
"Neither Nexus nor Libre is a licensed bail-bond agent or a surety company certified by the U.S. Treasury," said an opinion filed Monday by United States District Judge Elizabeth K. Dillon.
The court in many jurisdictions, especially states that as of 2012 prohibited surety bail bondsmen – Oregon, Nebraska, Wisconsin, Illinois, Kentucky and Maine [29] – may demand a certain amount of the total bail (typically 10%) be given to the court, which is known as surety on the bond and unlike with bail bondsmen, is returned if the ...
Ambac, originally American Municipal Bond Assurance Corporation, was founded in 1971 in Milwaukee, Wisconsin as a subsidiary of MGIC Investment Corp. [7] to insure the principal and interest of municipal bonds against default. In 1985, Citibank (the principal subsidiary of Citicorp) acquired majority control of Ambac Inc., parent company of AMBAC.
The source of the bond is the Federal Insurance Company, a corporation authorized to transact business in New York. They are based in Chesapeake, Virginia and New Jersey and the company appears to ...
In 2019, New York passed bail reform legislation that took effect on January 1, 2020, eliminating cash bail for many misdemeanor and non-violent felony charges. However, this law was later narrowed by the governor due to public pushback led by prosecutors and law enforcement officials.
The New York attorney general’s office is raising questions about the $175 million bond Donald Trump posted in the civil fraud case and has asked for more information to prove it’s financially ...
[citation needed] These are known as producers; the National Association of Surety Bond Producers (NASBP) is a trade association which represents this group. [citation needed] In 2008, the New York Times wrote "posting bail for people accused of crimes in exchange for a fee, is all but unknown in the rest of the world". [10]