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Emily Horn’s experience as in-house legal counsel and as a certified public accountant enables her to truly understand her clients’ businesses and to offer them practical solutions. Emily advises clients on mergers and acquisitions, securities issuances and regulation, the use of Employee Stock Ownership Plans (ESOPs), commercial contracts, corporate governance, and general corporate matters. She has represented a variety of clients, including corporate ESOP sponsors, ESOP trustees, and public and private companies in the construction, healthcare, hospitality, manufacturing, aviation, telecommunications, and banking industries.

Following up on our first blog post about employee stock ownership plans (ESOPs) for construction companies, this post addresses surety bond requirements as well as the way in which ESOPs can incentivize employees and increase cash flow. 

Satisfying Surety Bond Requirements

Construction companies are typically required to obtain surety bonds to guarantee a project owner