Special Circumstances in Surety Bonding: Death, Disability, Divorce, Departure, and More
Recorded On: 06/25/2019
For more than a decade, presenter Michael Zisa has represented sureties and contractors in all aspects of their businesses. In this time, he has encountered a number of unique bonding issues and circumstances – some are legal and some are practical, but all are important for bond producers and underwriters to be aware of and understand. Life events and family and business issues often intrude on and complicate the contract bonding process. During this 60-minute NASBP Virtual Seminar, Mr. Zisa will discuss and provide insight from his experiences regarding the following: termination of indemnity obligations, friends and family indemnitors, death of the principal’s owner, death of an indemnitor, legal actions against a principal, joint ventures and the false claims act.
Peckar & Abramson, P.C.
Michael C. Zisa is the co-managing partner of Peckar & Abramson’s Washington, D.C. office where he focuses his practice on construction, surety and government contracts law and chairs the Firm’s Surety practice group. For over twenty years, Mike has assisted contractors and sureties in all aspects of their business – from contract review and negotiation to contract administration and claim development and prosecution to litigation in federal and state as well as various contract appeals boards and alternative dispute resolution forums. Mike regularly speaks and writes on construction and surety issues and is recognized by ChambersUSA, Best Lawyers and Super Lawyers in the areas of construction, surety, government contracts and litigation.