Injunction Bond

An injunction is a judicial process generally issued out of a court of equity whereby the defendant is required to do or refrain from doing a particular thing. The bond indemnifies the defendant against loss in case it be finally decided that the injunction should not have been granted.

The defendant can also file a Defendant’s Injunction, which dissolves the injunction and the bond is conditioned to pay damages as the plaintiff may sustain as a result of the defendant being allowed to perform the acts originally enjoined.