/ ABOUT THE CLAIM Recently, Guardian was asked to consult on a surety bond claim at a commercial facility in the Midwest. The bonded principal was an electrical contractor who had been awarded the $6 MM project due to his company’s specialized experience. When the obligee observed that progress was lagging, the surety was notified. In turn, the surety reached...

/ ABOUT THE CLAIM: The owners of a two-story commercial building comprised of concrete masonry units reported damages, alleged to be storm-related, to their roof. They also claimed resultant water intrusion and damage to the interior finishes. The building contained a fish market, a restaurant, and associated office space. While the building had been constructed in the 1920s, it featured...

/ ABOUT THE CASE, CLAIM, OR ISSUE: Almost 10 years after a shoreline condominium’s complex completion, its HOA filed a multimillion-dollar lawsuit. The subject building was a townhouse style in the Northeast that had been constructed immediately adjacent to a marina. In order to shore up construction as well as afford residents and other passers-by the opportunity to stroll directly...