/ ABOUT THE CLAIM / While defaults of busy specialized subcontractors can often lead to simultaneous claims, when a major general contractor goes under (think billions of dollars in revenue, not mere millions), both the number of surety claims and the financial size thereof multiply proportionately. Such was the case when this global contractor’s hearty appetite for growth got the...

/ ABOUT THE CLAIM / Not too long ago, Guardian’s surety claim experts were called in by one of the industry’s largest sureties for immediate support on a claim for which the bond amount at risk exceeded $18MM. Surety bond claims include not only traditional construction projects but computer engineering, I.T. systems and security, programming and software development, as well....

/ 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...