Surety Law

Salek Law Firm retains a niche in the market as a surety law specialist. Although our practice encompasses a broad range of issues, we have acquired particular expertise in handling default terminations, affirmative construction claims, surety “abuse of discretion” cases, government contract disputes, surety bad faith claims and all forms of contract bond defaults, including but not limited to:

• Payment Bonds
• Performance Bonds
• Stop Notice Release Bonds
• Bid Bonds

We regularly litigate and successfully handle significant default termination litigation and have developed a comprehensive grasp of the legal standards and requisite proof to overturn construction defaults. We have repeatedly confronted default settings with potential multi-million dollar bond losses in which we eventually obtained positive, substantial recoveries for our clients.

In addition, we regularly handle payment bond disputes under federal, state and private bonds and assist our clients in the preparation and negotiation of financial accommodation agreements, completion agreements, takeover agreements and other contractual undertakings unique to the surety arena. As a result, our surety practice continues to flourish and our clients include many of the industry’s leaders who need attorneys with specialized knowledge in the field of surety law.

We believe that the scope of our construction practice gives us a level of experience and insight which offer unique advantages in protecting the interests of material suppliers, equipment rental companies, subcontractors, general contractors, our surety clients and in identifying and implementing creative solutions to resolve complex performance and payment bond disputes. Our attorneys provide the highest quality of representation available regardless of the nature of our clients’ requirements. As a result, our surety practice remains a cornerstone of the firm’s successful and a highly regarded practice.