Finance Who May Feel Financial Pain Inflicted by Katerra's Bankruptcy Where did the promise of innovation go wrong? Richard Korman June 10, 2021 One Comment Unpaid trade creditors, obligations to sureties and speculation about what went wrong with the fast-moving startup.Read More
False Claims Act Liability Mediation Fails In Federal Lawsuit Seeking Damages From Sureties for Alleged Contract Fraud Richard Korman July 17, 2020 No Comments Who is responsible if an SBA certification is faked, as the U.S. attorney claims in Narula case?Read More
Construction Risk Management Big Disputed Oregon Power Plant Surety Claim Inches Toward Trial Zurich and Liberty Mutual contend that the bankrupt contractor was not properly terminated. Richard Korman February 22, 2017 No Comments Will Zurich and Liberty Mutual be compelled to pay off bond provided by a bankrupt contractor?Read More
Construction Risk Management Surety Bond Claims on Abengoa Could Hit $200 Million A court ruling leaves less room for Liberty Mutual, Zurich and others to recoup surety bond claims Richard Korman May 6, 2016 No Comments Most of the potential loss involves an electrical power plant in Oregon.Read More