I NEED A BAIL OR GUARANTEE
In order to be able to carry out a profession, obtain a permit or to enjoy a deferred payment, it is sometimes required by law that you provide a guarantee or bail, often in favor of a government agency. This guarantee or bail the counterparty that you are meeting your legal obligations. If you then fail to do so, your counterparty may demand compensation under the bail or guarantee. Guarantees or bail Typical statutory guarantees are customs and excise guarantees, permit guarantees (eg transport or broker licenses), timber guarantees, environmental guarantees and EU regulatory guarantees (eg agri-food guarantees). To guarantee that you meet your contractual obligations, your contractual counterparty may request a guarantee or bail. The guarantee assures the counterparty that you will perform the contract properly and on time. If you do not, your contractual counterparty may claim compensation. Guarantees are often requested, for example, to ensure the construction…
Big Debate: What About the General Release of Bail?
Every day, as part of the great national debate, the Praisen passes one of your proposals to the screen. The generalization of the bail bond. On the sidelines of the big national debate organized by the government in response to the movement of yellow vests, the Praisen invites his readers to send him the proposals of citizen laws they would like to see emerge. Every day, some of them will be tested by the editorial staff. This Tuesday, we are looking at the bail, the amount that can be paid to recover his freedom pending trial. One of our readers has indeed wondered if this device could be generalized in France, as is the case in the United States. What are we talking about? On the other side of the Atlantic, bail is almost systematic: to avoid the incarceration of an accused while awaiting trial, the judge can ask for…