Prejudgment writ of attachment
- Prejudgment writ of attachment
A prejudgment writ of attachment may be ordered in a legal action where a plaintiff has demonstrated fraud in the underlying action or that defendant may attempt to hide assets from the court. In this context, a prejudgment writ of attachment function much like a temporary restraining order (TRO), which preserves the status quo pending a final resolution of the dispute. However, unlike a TRO, prejudgment writs of attachment provides a source of financial recovery for a plaintiff. Usually, a plaintiff seeking a prejudgment writ of attachment must post a surety bond of up to two times the amount of the damages claimed by the plaintiff.
Wikimedia Foundation.
2010.
Look at other dictionaries:
Writ of attachment — A writ of attachment is a court order to attach or seize an asset. It is issued by a court to a law enforcement officer or sheriff. The writ of attachment is issued in order to satisfy a judgment issued by the court. A prejudgment writ of… … Wikipedia
Writ of Attachment — A form of prejudgment process in which a court orders the attachment or seizure of property specifically described in the writ. The property is seized and maintained in the custody of a designated official, who is usually a U.S. Marshal or law… … Investment dictionary
Prejudgment attachment — is a legal remedy that allows recovery of money damages by levying a security interest on the property of the party paying money damages. A writ of attachment is filed to secure debt or claim of the creditor in the event that a judgment is… … Wikipedia
Subpoena ad testificandum — A subpoena ad testificandum is a court summons to appear and give oral testimony for use at a hearing or trial. The subpoena developed as a creative writ, the writ subpoena , from the Court of Chancery. Writs of many kinds formed the essential… … Wikipedia