Mechanics’ Lien and Discharge Bonds

Includes a Live Web Event on 12/14/2022 at 2:00 PM (EST)

Developers and Lenders always want to make sure that any liens placed against real property are addressed to ensure clear title and no impediments to project financing. One means by which mechanic’s liens can be addressed are through the use of lien discharge bonds. During this NASBP Virtual Seminar, we are joined by attorneys Jonathan Dunn of SMTD Law LLP and Derek Popeil of Chubb who will provide a summary overview of the law applicable to mechanics’ lien discharge bonds, including the nature and purpose of lien discharge bonds, the scope of the surety’s liability, the surety’s defenses, and the surety’s subrogation and contribution rights related to lien discharge bonds.

Jonathan J. Dunn

Partner, SMTD Law LLP

Jonathan J. Dunn is a partner in SMTD Law LLP’s Irvine, California office. Jonathan focuses his practice in construction practices, surety law, creditor's rights and remedies, including bankruptcy and work-outs, and transactions relating to construction, debtor/creditor and commercial matters. Prior to forming SMTD, Jonathan was a partner at an international law firm, an in-house attorney with two national bonding companies where he handled construction defaults in the Western United States, and active in his family’s construction business. Jonathan is asked to write and speak frequently, and has written numerous articles and presentations. Jonathan is a vice chair of the AGC-California Legal Advisory Committee, active in the ABA’s Forum on Construction Law section, a prior Vice Chair of the Fidelity & Surety Law Committee, as well as involved in numerous other construction and surety associations and legal bar organizations. Jonathan obtained his J.D. from Seattle University School of Law (formerly Univ. of Puget Sound L.S.), and his Bachelor of Arts degree in Economics from UCLA in 1989. Jonathan is licensed to practice in California, as well as various federal, special and bankruptcy courts.

​Derek Popeil

Vice President, Surety Claims Manager

Chubb

Derek Popeil is a  in the Surety Claims department with over 30 years of experience in the surety industry. He has been with Chubb for the last 9 years. He initially started his career as an Associate General Counsel for First Indemnity of America Insurance Company. After 10 years with First Indemnity of America Insurance Company, he left to enter the private practice of law where he handled construction and surety claims and litigation in representation of numerous sureties. Derek graduated from Muhlenberg College in 1988 receiving a Bachelor of Arts degree. In 1991, he received his Juris Doctorate from Widener University School of Law. He is licensed to practice law in both federal and state courts of New York and New Jersey.

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Mechanics’ Lien Discharge Bonds
12/14/2022 at 2:00 PM (EST)  |  60 minutes
12/14/2022 at 2:00 PM (EST)  |  60 minutes
Evaluation
2 Questions
Certificate of Attendance
No credits available  |  Certificate available
No credits available  |  Certificate available