The Commercial Account Bankruptcy and the Surety’s Collateral

Alana L. Porrazzo is a partner in the Phoenix, Arizona office of Jennings Haug Keleher McLeod LLP and licensed to practice in the state and federal courts of Arizona, New Mexico, and Louisiana. She is a co-chair of the FSLC Law Division Bankruptcy Subcommittee and a member of the Arizona State Bar Association Construction Section Executive counsel. Ms. Porrazzo’s practice emphasizes defending bond claims and bad faith allegations, litigating performance defaults, prosecuting subrogation and indemnity claims, and representing sureties in principal and indemnitor bankruptcies. She studied at Yale University (B.A., 2009) and Tulane University School of Law (J.D., cum laude, 2016).

CHAD L. SCHEXNAYDER is a partner in the Phoenix office of Jennings Haug Keleher McLeod, LLP. For more than 38 years, his practice has focused principally on the surety and construction industry, representing builders, public and private owners, design professionals, suppliers, sureties and insurers. He represents clients before agencies, mediators, arbitrators, and in state and federal courts, including U.S. bankruptcy courts, throughout the country. He is a Past Chair of the Fidelity and Surety Law Committee of the American Bar Association, Tort & Insurance Practice Section.  Mr. Schexnayder is an editor and author in numerous industry publications, including Surety Aspects of Bankruptcy Law and Practice, American Bar Association (2021) (ed.), and Chapter 145 in the New Appleman on Insurance Law Library Edition.  He has spoken before the American College of Construction Lawyers, Surety Claims Institute, American Bar Association, Pearlman Association, Mid-South Commercial Law Institute, National Association of Surety Bond Producers, West Coast Casualty Construction Defect Seminar, the Surety and Fidelity Association of America, and the Arizona State Bar Construction Law Section on bankruptcy, surety and construction law subjects.  He is a cum laude graduate of Arizona State University Sandra Day O’Connor College of Law, and a cum laude graduate of Washington University at St. Louis.