Suretyship

(124 Ratings)

Produced on: January 17, 2017

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 91 minutes
Difficulty Beginner

The need for surety bonds permeates many areas of business and the law. Parties regularly need appeal, bail, licensing and other types of bonds. In this program, attorney Thomas De Luca examines contract bonds that permeate the construction and real estate industries.  

He places emphasis on the fundamentals of suretyship as well as the competing and sometimes conflicting interests of the various participants. Additionally, his course explores in depth the means by which sureties seek to protect themselves from incurring losses.


Learning Objectives: 

  1. Understand the differences between suretyship and insurance
  2. Navigate the surety underwriting process
  3. Identify the participants to surety bonds
  4. Examine the various types of contract surety bonds and their purposes
  5. Identify applicable statutes
  6. Learn about the claims process and the competing and conflicting interests of the parties
  7. Comprehend how sureties protect their interests through the common law and by indemnity agreements

Faculty

Tom De Luca

Deluca & Forster

Prior to joining Osborn, in 2007, as of counsel, and to founding De Luca & Forster in 1993, Mr. De Luca served as an associate at Pantages, Sellar, Richardson & Stuart from 1978 – 1980, and was at Postner & Rubin from 1980 – 1993, where he was a partner for 8 years. Mr. De Luca represents contractors, owners, developers, designers, sureties, and insurers in all aspects of construction related litigation, arbitration, and mediation.  

Mr. De Luca has tried numerous arbitrations, jury trials and bench trials on complex construction matters. Prior to practicing law, he was a senior surety underwriter for Fireman's Fund Insurance Company. In addition to his legal counseling, he has served as a financial advisor to construction companies.  

Mr. De Luca is admitted in New York and New Jersey

Presentations:

Presented before numerous groups including the North Jersey Chapter of the National Association of Credit Managers, the New York Sprinkler Contractors Association and others on various construction and surety issues.

NITA trial advocacy course for the New York County Lawyer’s Association

New York Construction Law: Bonds and Insurance” Pratt Institute

“Law and Risk Management: Introduction to Risk Management; Insurers and Insurance Representatives” Building Owners and Managers Institute (BOMI)  

Publications:

Co author of New York Construction Law, by Postner & Rubin, published by Shepards - McGraw Hill, 1992.

Professional Affiliations:

American Bar Association

Reviews

JD
Jonathan D.

Great lawyer!

ML
Michael J. L.

Excellent

JB
Julie A. B.

Highly recommend. The well-prepared speaker’s prose is fluid, inventive, and frequently brilliant. Ample examples assist in understanding the topic. An insightful and practical presentation that one can immediately incorporate into practice. There is grit in this program that will stay with you.

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$89

$ 89 Contract Law and Insurance Law In Stock

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