Hon. Lisa R. Curcio, (Ret.), senior mediator and arbitrator at ADR Systems, recently participated in a panel at the 2019 Midwest Surety and Construction Claims Conference in Chicago.
Judge Curcio presented on the benefits of mediation once a claim against a surety principal has begun and a lawsuit has been filed.
“In bond claims, the principal is accused of not completing the work where the surety guarantees it. The process to recover the money lost by the obligee can be costly and time-consuming,” Judge Curcio said. “The benefits of mediation in this scenario is that it drives down costs and removes the risk of either party losing in litigation.”
ADR Systems offers cost-effective ways to settle construction and surety claims, as well as a wide variety of commercial case topics. Learn more about the commercial mediation services ADR Systems offers here.
Judge Curcio is a senior mediator and arbitrator at ADR Systems. She has more than 15 years of judicial experience, 11 of which were in the Chancery Division of the Cook County Circuit Court. In her last seven years on the bench, she focused on mechanics lien and construction contracts and defects. Her skills as a neutral are complemented by her knowledge of real estate transactions, business and the banking industry – all gained prior to becoming an attorney.
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