Register free!

Thread Tools   Display Modes
Prev Previous Post   Next Post Next
Old 09-29-2011, 09:22 PM
hilde123 hilde123 is offline
LawnSite Member
Join Date: Sep 2011
Location: Orlando, FL
Posts: 12
I am working with one of Villa & Sons Sureties (bonding company) IFIC on another project and I am pretty sure the entire company is bankrupt. IFIC indicated they are taking a very large loss on getting Villa & Sons projects. I can tell you a company doesnt default on its bonds unless it is in real bad shap; the indeminity agreements the sureties have with almost all companies include personnel assets of the principals.
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Layout Style:

Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012,™ - Moose River Media
All times are GMT -4. The time now is 11:35 AM.

Page generated in 0.20767 seconds with 8 queries