Attachment

An order by a court or other body allowing assets of a party within its jurisdiction to be secured in order to satisfy a potential or actual court judgment.  Usually such an order prohibits the assets from being removed or reduced, although an offer of alternative security can sometimes provide for the assets release.  A party seeking an attachment may be required to offer a security bond against any business or commercial losses that may result if the underlying legal claim used to justify the attachment fails or is found invalid.  Sometimes referred to as a Sequestration [order].

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