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Individual surety involved with NYC-area projects is arrested

NASBP SmartBrief | Feb 19, 2015

A lawyer faces charges of wire fraud and money laundering in connection with allegations that he sold contractors fraudulent bonds for major New York City-area construction projects. The company that was supposed to be backing the bonds failed to make payments on the bonds of a subcontractor that went bankrupt, resulting in $2 million in additional costs for a general contractor, prosecutors say. New York Law Journal (02/13)


Surety's contract takeover keeps Pa. borough's project moving forward

NASBP SmartBrief | Feb 12, 2015

Court case: Surety argued it had no liability for consequential damages

NASBP SmartBrief | Feb 19, 2015

Mo. school to work with surety to find replacement contractor

NASBP SmartBrief | Feb 12, 2015

Surety says failure to provide notice of default releases its bond liability

NASBP SmartBrief | Feb 12, 2015

Surety agrees to hire contractor to fix building's settling problem

NASBP SmartBrief | Feb 19, 2015

Surety payout to help cover wrongly appropriated funds in Miss. county

NASBP SmartBrief | Feb 05, 2015

Turf contractor files suit regarding bid for Dallas-area school athletic fields

NASBP SmartBrief | Feb 12, 2015

Regional insurer issues quarterly earnings statement

NASBP SmartBrief | Feb 19, 2015

Contractor, surety, school board in Va. reach compromise after mediation

NASBP SmartBrief | Feb 19, 2015


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NASBP March 10 Virtual Seminar: "The Pit and the Pendulum -- An Economic Forecast"

NASBP SmartBrief | Feb 26, 2015

Learn how to avoid becoming a victim of bond fraud

NASBP SmartBrief | Feb 26, 2015

NASBP touts bonding requirements in public-private partnership laws

NASBP SmartBrief | Feb 26, 2015

Save The Dates for NASBP June Events

NASBP SmartBrief | Feb 19, 2015

NASBP February 24 Virtual Seminar: "Information Systems -- Tune Up or Major Overhaul?"

NASBP SmartBrief | Feb 19, 2015




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