Senior Counsel Natasha Buchanan successfully obtained an ex parte Writ of Attachment for nearly $6 million dollars on behalf of a large surety client against a corporate defendant in United States District Court.
Ms. Buchanan successfully convinced the Federal Court that the defendant’s assets were subject to an attachment after the defendant failed and refused to provide the surety with demanded collateral. Ms. Buchanan then utilized the Attachment Order to freeze the defendant’s bank accounts in order to recover monies owed to the client.
The Writ of Attachment is an effective tool to prevent a defendant from liquidating or otherwise transferring its assets during the pendency of a lawsuit. Writs help to ensure that funds will be available after the lawsuit is resolved in order to pay any judgment entered. In this case, the Attachment prevents the defendant from transferring or otherwise absconding with the funds that rightfully belong to the surety client.
For more information about attachment and other prejudgment remedies, please contact Natasha Buchanan, firstname.lastname@example.org.
The information contained in this Newsletter has been prepared by Lanak & Hanna, P.C. for educational and informational purposes only. It does not constitute legal advice, nor does it substitute for legal advice.