A surety bond is an agreement where a surety or guarantor agrees, subject to certain conditions and defenses, to uphold the promises and obligations of a bond principal, such as a prime contractor, if the principal fails to uphold a contractual agreement made with another party known as the obligee.
In the construction field, the obligee is usually the project owner. When the bond principal is a subcontractor, then the obligee is the prime contractor. In the construction business, surety bonds help make sure that construction projects are completed, and that material suppliers, equipment lessors and laborers are paid.
Surety bonds are used in a variety of businesses and are often required by certain regulated industries as a condition for licensure. These are called license bonds.
The office of The Horowitz Law Firm has extensive experience handling surety bond claims and litigation on behalf of sureties. If you are a surety bond company looking for an attorney to handle your claims and litigation in the state of California, our Sherman Oaks office can help your business protect its interests.
Experienced Surety Bond Representation
Our principal lawyer, Jeffrey D. Horowitz, spent 10 years as in-house counsel for a national surety bond company, and currently represents sureties with their bond claims and litigation needs all over California. We can handle a large volume of claims at competitive rates. We have experience handling many types of surety bonds, including but not limited to:
- Performance Bonds
- Payment Bonds
- Subdivision Bonds
- License and Permit Bonds
- Mechanics Lien and Stop Payment Notice Release Bonds
- Bid Bonds
- Motor Vehicle dealer bonds
- Notary Bonds
- Insurance Broker Bonds
With almost three decades of experience working specifically on issues related to surety bonds, and handling a wide range of surety bond litigation, including trials, appeals, mediations and negotiation in the areas of surety law, real estate law and construction law, our office has built a reputation of successful and effective representation.
Ready To Work With You
For strong representation on all issues related to surety bonds, our attorneys are ready to represent your interests. With experience you can trust, and the personalized service you deserve, contact us to schedule an appointment.