An Arkansas supersedeas bond, pursuant to Ark. R. App. P. Civ. 8 and by definition is a, "necessity. A supersedeas is a written order commanding appellee to stay proceedings on the judgment, decree or order being appealed from and is necessary to stay such proceedings.
Per Section (c), of Rule 8, "Whenever an appellant desires a stay on appeal, he or she shall file with the court for its approval, a supersedeas bond which shall have such surety as the court requires. The appeal bond must guarantee to pay to appellee all costs and damages that may be affirmed against appellant on appeal; or if appellant fails to prosecute the appeal to its final conclusion, or if such appeal shall for any cause be dismissed, that the appellant will satisfy and perform the judgment, decree or order of the circuit court. The maximum supersedeas bond that may be required in any civil action under any legal theory shall be limited to twenty-five million dollars ($25,000,000), regardless of the amount of the judgment.
Further helpful guidance can be found in the Arkansas Circuit Court Clerk's Procedures Manual here.
Underwriting and is best accomplished by a surety bond expert with knowledge of this class of judicial bond obligation and the specific pleading style required by the court and/or Rules of Appellate Procedure. An Arkansas supersedeas bond must follow the specific statutory requirements pursuant to the Rules. Idaho surety bond leader, Surety One, Inc. specializes in judicial bonds for all district, superior, family, supreme and appellate courts. An Arknasas supersedeas bond application submission is reviewed and responded to within one hour of receipt. We are the most agile court bond underwriter in the United States. Call (800) 373-2804, email us at Underwriting@SuretyOne.com or click here if you would like to chat live with an underwriter about your Arkansas appeal bond need.
Is your appeal from a judgment from a U.S. District Court? Visit our federal supersedeas bond page here.
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