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Showing 1–2 of 2 articles for “attachment bond”

Reinsurance and Attachment Bonds: Upholding Surety Validity Beyond Retention Limits

Supreme Court clarifies that attachment bonds exceeding a surety's retention limit remain valid when the excess is reinsured, explaining reinsurance contracts.

Sovereign Solvency: Why the Republic Is Exempt From Attachment Bond Requirements

The Supreme Court affirms that the Republic of the Philippines, as a sovereign, is exempt from posting attachment bonds in civil cases.