Phillip G. Alber will discuss the 6th Circuit’s recent opinion in Great American v. Bailey. This opinion has caused a lot of discussion and a number of articles as to whether there is a new measure for bad faith for a surety in connection with its ability to settle claims.
Phillip graduated Cum Laude from the University of Michigan with a B.A. in Economics and Cum Laude from Wayne State University Law School. He is a shareholder at Alber Crafton, PSC in Troy, Michigan where his practice concentrates primarily in the area of Fidelity and Surety Law and construction disputes. He is a member of the Forum Committee on Construction Law and is a member and a former Vice Chair of the Fidelity and Surety Committee of the Torts & Insurance Practice Section, and the Construction Litigation Committee of the Litigation Section of the American Bar Association. He is also a member of the National Bond Claims Association where he was Program Chairperson for 20 years.
Phillip frequently writes and lectures on surety and construction issues. His publications and presentations include “Making Sense Out of Performance and Payment Bonds”; “Does The Typical Unfair Settlement Practice Act Create Private Rights For Litigants Against Sureties”; “The Effect on the Surety of a Default Judgment Against the Principal”; “The Discharge of the Surety by the Release of the Principal”; “Negotiating Skills and Claims Handling”; and “The Surety Indemnity Agreement- Law & Practice.”