Platinum Bonds Insurance Agency
Research before you apply.An Illinois Injunction or Temporary Restraining Order (TRO) Bond is required by circuit courts when a private plaintiff seeks to temporarily stop or restrain another party from certain actions. The bond protects the restrained party from financial damages if the injunction is later found to be wrongful, covering costs…
An Illinois Injunction or Temporary Restraining Order (TRO) Bond is required by circuit courts when a private plaintiff seeks to temporarily stop or restrain another party from certain actions. The bond protects the restrained party from financial damages if the injunction is later found to be wrongful, covering costs…
Private plaintiffs (movants) who seek a temporary restraining order or preliminary injunction to stop or restrain another party from taking certain actions in Illinois circuit courts. Governmental entities are exempt from this bonding requirement. The court may waive the bond requirement for good cause, such as when there is no likelihood of harm to the def…
Injunction bonds are required when seeking temporary restraining orders or preliminary injunctions from a court. Pricing Information:. Court bonds are reviewed case-by-case and must be approved before pricing can be provided. • Bond amount: Set by the court to cover potential damages to the restrained party. • What affects pricing: Case type, potential damages, credit and financial strength. • Collateral: Often required. • Expedited service: Available for urgent court dea…
Court application — expedited service available
The bond amount is set at the sole discretion of the Illinois circuit court based on potential damages to the restrained party. There is no fixed amount - the court determines "such sum, upon such conditions and with sufficiency as may be deemed proper" under 735 ILCS 5/11-103. The bond must be sufficient to cover costs, damages, litigation expenses, and attorneys' fees if the injunction is later found wrongful.
Yes, Illinois circuit courts may waive the injunction bond requirement for "good cause shown." Common grounds for waiver include: no likelihood of harm to the defendant, undue hardship to the plaintiff, or the plaintiff's non-profit status. However, the factual basis for waiver must be explicitly supported in the complaint allegations or affidavits - a mere recital in the court order is insufficient. If the defendant does not demand a bond, the issue is waived on appeal.
Governmental entities are exempt from posting an injunction bond in Illinois under 735 ILCS 5/11-103. Only private plaintiffs (movants) may be required to post a bond when seeking a temporary restraining order or preliminary injunction. The bond requirement applies solely to protect private parties from wrongful restraint, not government agencies exercising their authority.
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.