Construction Firm Sued Over Unpaid Texas Apartment Bonds

Law360 (May 8, 2018, 9:55 PM EDT) — Surety and insurance provider The Guarantee Co. of North America USA slapped a Houston-area construction firm with a lawsuit in Texas federal court Tuesday, claiming it owes millions of dollars after failing to meet certain obligations under bonds associated with a residential building project.

GCNA accused Nations Construction Management Inc. and officer John Czapski of ignoring requests for repayment and collateral in relation to 2012 payment and performance bonds for the construction of an apartment and townhouse complex in the Dallas-Fort Worth metropolitan area.

GCNA says…

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