Mining and the Vanishing Surety Bond Market
Lisa A. Kirschner and Edward B. Grandy of Parsons Behle & Latimer
Over the past several years, operators in the mining and oil and gas industries have found it increasingly difficult to fulfill financial guarantee obligations required by government regulators with the typical mechanism of choice, (i.e., surety bonds), because of surety companies' large-scale withdrawal from the natural resources markets. The associated financial credit crunch has prompted mining companies to seek and post alternative forms of collateral.
Termination of a Sub--A Checklist
Leiby, Larry R. of Leiby, Stearns & Roberts, P.A.
The sub is very late. The sub is not bonded. The suppliers are calling for money. When the job needs 20 men the .
Surety Liability for "Insurance Bad Faith"
Suchitra V. Narayen of Coudert Brothers LLP
In a March 28, 1997 decision, the Second Appellate District held that surety bonds are sufficiently like insu.
Bad Faith Claims By The Principal And Indemnitors
Richard K. Allen of Gadsby Hannah LLP
A detailed analysis of construction indemnification provisions, including extensive case analysis and recommendations for avoiding and/or addressing bad faith claims.
The Principles Of Suretyship
David D. Gilliss of Niles, Barton & Wilmer, LLP
In conjunction with a presentation in a construction course sponsored by the Maryland Institute for the Continuing .