• Related Attorney(s):
• Susan B. Austin

• Practice Area(s):
• Fidelity and Surety Law

The Employee Retirement Income Security Act (“ERISA”) was enacted, in large part, as a result of the 1963 shutdown of the Studebaker auto plant in South Bend, Indiana, and Studebaker’s subsequent termination and default of its retirement plan obligations for hourly workers.

• Related Attorney(s):
• Bambi W. Stevens

• Practice Area(s):
• Fidelity and Surety Law

Because salary, commissions, bonuses and other such benefits are routinely paid to employees, such money channels provide attractive targets for dishonest employees looking to steal from their employers.

• Related Attorney(s):
• Bambi W. Stevens

• Practice Area(s):
• Fidelity and Surety Law

In conjunction with a presentation in a construction course sponsored by the Maryland Institute for the Continuing Professional Education of Lawyers, we authored a comprehensive article entitled “Principles of Suretyship.”

• Related Attorney(s):
• Bambi W. Stevens

• Practice Area(s):
• Fidelity and Surety Law

It will come as no surprise to insurance and surety professionals that individuals and companies often look to one carrier/surety for most of their insurance and bonding needs.