Jordan Faux was one of the presenters at the Contract Surety Bonding Workshop by the Surety & Fidelity Association of Nevada in conjunction with the Nevada Subcontractors Association & Associated … Continue reading “Surety & Fidelity Association of Nevada’s Workshop”

By Leland Faux Nevada Revised Statute 482.345 requires a car dealer to post a $100,000 bond for the benefit of consumers. Recently, we’ve noticed an uptick in volume of lawsuits … Continue reading “Motor Vehicle License Bond Trends in Nevada”

Nevada law provided that every “original contractor” is liable for “indebtedness for labor incurred by any subcontractor or any contractors acting under, by or for the original contractor in performing … Continue reading “Some Relief for the “Original Contractor” and Sureties Regarding Labor Claims”

Nevada Legislature Limits DMV Bond Claims to “Consumers “and Some Hidden Dangers You Should Know In 2011, the Nevada Supreme Court held in Western Surety Company v. ADCO Credit, Inc., 251 P.3d 714 … Continue reading “No More Soup For You!”

Claims against payment bonds may be denied on both private commercial and public works projects absent a claimant’s proper registration with the Utah State Construction Registry (“SCR”), labor wage claims … Continue reading “Surety Defenses Under Utah’s State Construction Registry”

If I’m not misremembering, the George Bush v. Al Gore presidential election became all about the handing chad. When the people of Florida voted, they did so using punch cards. … Continue reading “Contract Terms 3: Avoid Hanging Chads”

TO TENDER OR NOT TO TENDER POTENTIAL PITFALLS IN TENDERING THE SURETY’S DEFENSE TO ITS PRINCIPAL IN NEVADA This law firm recently encountered several situations where a surety’s tender counsel … Continue reading “To Tender or not to Tender”

Most contracts (if not virtually all) contain recitals. They will sometimes be called “recitals” or “background” or, if the attorney is old-school, use the phrase “Whereas…” a lot. When I … Continue reading “Contract Terms 2: The Recitals”