Click to verify BBB accreditation and to see a BBB report.
Follow us on twitter!
+ Reply to Thread
Page 1 of 2
1 2 LastLast
Results 1 to 10 of 11
  1. "$1.6M earmarked for EnCap litigation"

    And also, "...an AIG subsidiary that backed EnCap's promise of remediated dumps with a $149 million surety bond."

    Read about it here.

  2. Other interested parties...



  3. Recap on EnCap



  4. Update

    Deal nears to allow EnCap project site cleanup

    "State officials are engaged in "intense and earnest" discussions with an AIG subsidiary on a disputed $148 million surety bond, a New Jersey Meadowlands Commission attorney said Tuesday."


  5. Progress...

    AIG's American Home Assurance Company Reaches Agreement with New Jersey Meadowlands and New Jersey Attorney General on EnCap Remediation

    Statements from Meadowlands Commission and AIG

    "We are pleased that American Home Assurance Company, a subsidiary of AIG, has made a binding commitment to honor the performance bond it issued," said New Jersey Attorney General Anne Milgram. "This will allow this long-delayed project to move ahead."

  6. "Relief spreads over AIG landfill cleanup promise"

    Read it here.

    EnCap was declared in default on the project last May, setting off a Chapter 11 bankruptcy court reorganization effort that was unsuccessful. AIG officials had resisted paying, claiming that amendments to the developer’s agreement voided the bond.


Similar Threads

  1. ""Construction managers to bond 100%"
    By Surety Insider in forum Surety Bond News
    Replies: 1
    Last Post: 05-15-2009, 08:07 AM
  2. Replies: 1
    Last Post: 04-26-2009, 06:41 PM
  3. "LOCAL REACTION: Agency cracking down on fraud by medical suppliers"
    By Surety Insider in forum Surety Bond News
    Replies: 0
    Last Post: 01-19-2009, 07:07 AM
  4. "Workers to pursue class suit over bonds"- Saipan Tribune
    By Surety Insider in forum Wage and Welfare Bonds
    Replies: 5
    Last Post: 01-14-2009, 07:22 AM
  5. "CMS Strengthens Efforts To Fight Medicare Waste, Fraud And Abuse"
    By Surety Insider in forum Surety Bond News
    Replies: 0
    Last Post: 01-07-2009, 07:43 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.5.0 RC1 PL1