Fidelity/Surety Law

The highly regulated environment in which fidelity insurers and sureties operate requires adherence to strict legal boundaries. To help these clients manage risk within the confines of the legal restrictions, a lawyer must possess both technical expertise and sensitivity to the complex issues inherent in the industry. With more than 90 years of combined experience, Levy Craig’s fidelity/surety attorneys merge meticulous research with superb critical thinking and technical skills to counsel clients and, when needed, to represent them in litigation, arbitration or mediation.

When claims arise on bonded construction projects, in business transactions or in developments or fidelity matters, Levy Craig steps in to help research, investigate and defend on behalf of fidelity insurers and sureties. We regularly help clients deal with routine coverage issues, as well as complex litigation and recovery efforts that represent multimillion-dollar claims. With a coast-to-coast practice, Levy Craig has built a national reputation for its fidelity and surety expertise and results.

In counseling clients nationwide, Levy Craig:
   > Advises sureties on options and strategies to resolve payment
      and performance bond claims
   > Investigates, defends and advises on coverage issues in a wide
      variety of fidelity matters involving employee dishonesty and of
      faithful performance claims
   > Evaluates payment and performance bond claims of all kinds of
      projects
   > Provides on-site construction evaluation services
   > Manages asset, fidelity and salvage recovery
   > Provides legal opinions regarding all aspects of fidelity and
      surety law
   > Represents clients in state and federal trial and appellate courts
   > Handles protection, negotiation, litigation and maximizing
      recoveries of indemnity and subrogation rights

Levy Craig attorneys represent:
   > Construction industry participants, including:
      > General and specialty contractors
      > Subcontractors
      > Suppliers
      > Designers
   > Surety companies that write several performance, payment, bid,
      commercial and miscellaneous forms of bonds
   > Sureties and contractors in government contract matters
   > Insurance companies in alleged construction defect claims

 

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