Wednesday, October 12
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3:00 pm - 5:30 pm
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NASBP Registration Desk Open |
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| 5:30 pm - 7:00 pm |
Welcome Reception |
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Thursday, October 13
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| 7:30 am - 11:00 am |
NASBP Registration Desk Open |
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| 7:30 am - 8:30 am |
Breakfast |
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| 8:30 am - 10:00 am |
General Session |
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Welcome Remarks and President's Address |
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Nick Newton, NASBP President |
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"Surety Industry and Association Highlights: What’s New and What’s Coming" |
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Representatives from NASBP and other Industry Associations will provide updates regarding ongoing projects and new developments in the industry, including recent advocacy wins, the NASBP membership survey, Risk Stream/Blockchain, and projects being led by SFAA and CFMA. |
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| 10:00 am - 10:30 am |
Refreshment Break |
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| 10:30 am - 12:00 pm |
General Session Continued |
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"Scollick Order Provides Surety Industry with Important Insights for Avoiding FCA Liability" |
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Robert Barbour, Watt, Tieder, Hoffar & Fitzgerald LLP
Timothy Heffernan, Watt, Tieder, Hoffar & Fitzgerald LLP |
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The recent order granting summary judgments in favor of surety defendants in the closely watched federal case of Scollick v. Narula finally provides important judicial insights into the surety industry’s obligations under the False Claims Act. Knowledgeable legal experts will provide timely comments and guidance on the implications for bond producers and surety underwriters.
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1:00 pm - 6:00 pm
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Optional Golf Tournament - Brackenridge Park Golf Course
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Evening
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Open
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Friday, October 14
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8:00 am - 11:00 am
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NASBP Registration Desk Open
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8:00 am - 9:00 am
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Breakfast Buffet - All registered attendees and spouse/guests welcome
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9:00 am - 10:00 am
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Keynote Session - "Still Standing"
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John Kriesel, Motivational Speaker/Author
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John Kriesel may have lost his legs and three close buddies in Iraq, but he came home with a powerful message of hope and living testimony to the value of a positive attitude to overcome any challenge.
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10:00 am - 10:30 am
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Refreshment Break
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10:30 am - 12:00 pm
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General Session Continued
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"Financial Statement Red Flags" |
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Scott Stern, CPA, CCIFP, Grassi Advisors and Accountants |
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This session is designed to help the attendees identify the financial statement red flags that could signal a construction company is in trouble. The session will also delve into what drives these indicators and best practices the surety can utilize to remediate issues. |
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"A Surety’s Right to Collateral from its Principal and Indemnitors: When Things Get Serious" |
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Mike F. Pipkin, Weinstein Radcliff Pipkin LLP |
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Among the many duties and obligations by a contractor to its surety arising from the typical agreement of indemnity, the surety’s right to demand the posting of collateral is one getting a lot of attention these days. We will look at the language of indemnity agreements setting out the account’s obligation to provide collateral upon demand, how recent cases are construing the requirement, and how to talk with contractors about the obligation, both before and after the demand.
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12:30 pm - 2:00 pm
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Closing Reception - Offsite at Rio Rio Cantina
Beverages and food will be served
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