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#17 A Closer Look At Commercial Surety Account Bankruptcy

https://letsgetsurety.org/episode-player/302/17-closer-look-commercial-surety-account-bankruptcy.mp3

Chad Schexnayder, Partner, Jennings, Haug & Cunningham, LLP

Chad Schexnayder, Partner, Jennings, Haug & Cunningham, LLP

The economy has been upended by the Covid-19 pandemic and headlines on bankruptcy’s have become more and more common. On this episode, Chad Schexnayder who is a partner with the law firm of Jennings, Haug & Cunningham, LLP, and regularly represents surety clients in bankruptcy cases throughout the United States, joins us to take a look at commercial surety account bankruptcy. Chad walks through the commercial surety account sectors that are being hit hardest by bankruptcy. We also discuss red flags before a company files for bankruptcy, how sureties can work to avoid “claw back”, the importance of documentation and communication between the surety, bond producer and commercial surety client to control risk!

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP


Posted On July 28, 2020

Posted By Let's Get Surety

Posted In Commercial Surety

Tagged bankruptcy commercial surety surety

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#18 Advising Construction Clients: A Conversation With A Surety Bond Producer And A CPA

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