Table of Contents
A surety is often faced with arbitration to resolve a dispute involving its principal, oblige, or claimant. Providing a meaningful tool for the surety practitioner, this book examines all issues involving arbitration and the surety. Chapters also address the cost-effectiveness of arbitration, how the surety can control its costs and minimize the risk of an adverse decision, and a 50-state survey of whether a surety is bound by an arbitration award against its principal.
Log In to view your rate
Unlock the discounted member rate
Join first as a member, and then purchase this product at special member pricing
It is a growing trend that a surety's principal enters into an arbitration to resolve a dispute, or that the surety is faced with a demand that they agree to arbitrate disputes involving its principal, oblige, or claimants. Increasingly, sureties and surety counsel are faced with the need to assess the risk the surety may face by arbitration, either by participating in -- or refusing to participate in -- an arbitration wherein its principal is a party.
This compendium offers a timely and meaningful tool to the surety practitioner in order to determine whether the surety should or must participate in an arbitration proceeding and what happens if the surety chooses not to do so. It examines whether the surety must participate as a named party and whether an arbitration award against its principal has a preclusive effect on the surety.
In addition to thoroughly examining all the issues involving arbitration and the surety, the book also looks at the cost-effectiveness of arbitration as opposed to litigation and discusses measures the surety can take to control its costs, effective uses of arbitration to resolve disputes and proactive steps the surety can take to minimize the risk of an adverse decision. Furthermore, the book's authors and editors have compiled case law from all 50 states to better direct the surety practitioner’s actions when faced with arbitration.
Topics include:
ABA Book Publishing
9781641056571
271
5190560
6 x 9 Paperback
5/13/2020 12:00:00 AM
Publications | Book
Managing and Litigating the Complex Surety Case, Third Edition
Publications | Book
The Law of Performance Bonds, Third Edition
Publications | Book
Bond Default Manual, Fourth Edition
Audio and Video | On-Demand CLE
Review of Derivative Suits and Demands on Boards of Directors: What Is Demand Futility?
Audio and Video | On-Demand CLE
Arbitration of Commercial Disputes: Advocacy and Drafting Strategies
Audio and Video | On-Demand CLE
Rethinking ‘Traditional’ Arbitration Practices
Feb
06
Midyear Dispute Resolution Section Council Meeting
The Midyear Dispute Resolution Section Council Meeting will take place on Friday, February 6th, from noon to 2:30pm ET. If you have any questions about Council or leadership meetings, please reach ou…
Oct
24
Fall Dispute Resolution Section Council Meeting
The Fall Dispute Resolution Section Council Meeting will take place on Friday, October 24th, from noon to 2:30pm ET. If you have any questions about Council or leadership meetings, please reach out t…
Oct
22
2025 Advanced Mediation & Advocacy Skills Institute
ETHICS 60 min
This 2-day virtual Institute features the opportunity to learn from leading social, behavioral, and legal authorities and interact with colleagues from across the country, exploring mediation advance…