Recent post
A Primer on Bid Bonds
January 10, 2023 By: Michael A. Stover, Esq. In this Surety Today Blog post we will discuss Bid Bonds. As everyone knows, bid bonds are part of the standard governmental procurement process. The RFP and... Read More »
January 10, 2023
The Surety and the Supremacy Clause
By: Michael A. Stover, Esq. In this Surety Today blog post we will discuss the topic of the surety and the Supremacy Clause and how the clause could provide a potential defense. Over the years, I... Read More »
January 3, 2023
Potential Situations in Which the Surety May Receive a Direct Preference
By Michael A. Stover, Esq. In prior Surety Today the Blog posts we have addressed the concept of preferences in bankruptcy. In this post we will look at some of the potential transfers that a surety... Read More »
December 27, 2022
The Surety v. The Internal Revenue Service (Round 2)
By: Michael A. Stover, Esq. In this Surety Today Blog post we will discuss the surety’s potential liability to the Internal Revenue Service (“IRS”) under the Internal Revenue Code. This is round II of the... Read More »
December 20, 2022
The Surety v. The Internal Revenue Service (Round I)
By: Michael A. Stover, Esq. In this Surety Today Blog post we will discuss the surety’s rights and obligations with respect to the Internal Revenue Service (“IRS”). There are several topics to discuss regarding sureties and... Read More »
December 13, 2022
Case Law Note – The Surety GIA Trust Fund Provision vs. The Bank
By: George J. Bachrach, Esq. In this Surety Today blog post, we provide a Case Law Note to explore the issue of the surety’s rights under the indemnity agreement trust fund provision versus the secured... Read More »
December 6, 2022
Surety Case Law Note: Surety Beats the Bank
By Michael A. Stover, Esq. In this Surety Today blog post we will provide a Case Law Note to consider the issue of the rights to certain contract funds that were deposited into the court... Read More »
November 29, 2022
Supersedeas Bonds In General
November 22, 2022 By Marc A. Campsen In this Surety Today Blog post we will discuss the Supersedeas Bond. The word “supersedeas” is Latin for “you shall desist,” and it refers to a stay of... Read More »
November 22, 2022
Defenses to a Preference Action
November 15, 2022 By George J. Bachrach, Esq and Michael A. Stover, Esq. In this Surety Today Blog post we will continue exploring the dreaded preference action in bankruptcy. In the first Blog post, we discussed preference... Read More »
November 15, 2022
Preferences Under the Bankruptcy Code – Generally
November 8, 2022 By George J. Bachrach, Esq and Michael A. Stover, Esq. In this Surety Today Blog post we will discuss bankruptcy preferences. Someone in the industry coined the phrase “zombie claims” in reference to preference... Read More »
November 8, 2022
Disclaimer: This blog is not intended to provide legal advice, representation or legal services. It is the intent of the firm and authors that this information provide a general educational and informational framework to consider and evaluate the issues discussed. Given the variations in applicable law and facts, as well as the plethora of other factors that can arise on a case by case basis, it is not possible to provide any concrete or definitive answers for individual, specific circumstances. You should contact your attorney with specific legal needs.