A Michigan preliminary injunction bond requirement is wholly discretionary as contemplated under Mich. Ct. R. 3.310. Pursuant to (A)(1), ” . . . an injunction may not be granted before a hearing on a motion for a preliminary injunction or on an order to show cause why a preliminary injunction should not be issued. A motion for preliminary injunction must be filed and notice served for hearing in compliance with the rules governing other motions unless the court orders otherwise on a showing of good cause. Per Section (B), similar protocols and pleading requirements are imposed on parties seeking a temporary restraining order.
The Michigan preliminary injunction bond is addressed under Section (D), “Security”, which states, “The court may require the applicant to give security, in the amount the court deems proper, for the payment of costs and damages that may be incurred or suffered by a party who is found to have been wrongfully enjoined or restrained. The injunction bond must be filed with the clerk of court in the appropriate venue before the sealing and delivery of the underlying injunction orTRO.
A Michigan preliminary injunction bond is easy to obtain. Terms for this surety bond are best prepared by a court bond underwriter with knowledge and experience with judicial undertakings as improper manuscript or case styling will render the injunction bond insufficient. Judicial bond leader, Surety One, Inc. specializes in surety bonds for federal, state and local trial courts and courts of appeals. Application submissions receive a quote within one hour of receipt. Surety One, Inc. is the most agile surety bond underwriter in the United States. Call (800) 373-2804 or email us at Underwriting@SuretyOne.com to discuss your particular Michigan preliminary injunction bond or other litigation surety bond need.