Alec M. Taylor

Alec M. Taylor is a partner in Adams & Reese’s Jackson office whose practice centers on representing sureties throughout the claims process. He advises on performance bond claims involving complex, multi-project contractor defaults before litigation begins, handles payment and performance bond claims in litigation, and brings indemnity actions against defaulting principals and indemnitors to help sureties recover losses and expenses arising from the bonds they issued. His surety work also includes claims involving Financial Institution Bonds, Public Official Bonds, and Conservatorship/Guardianship Bonds.

Alec draws on a broader background in complex commercial and construction litigation in resolving disputes for surety clients. Licensed in Mississippi and Alabama, he has litigated in state and federal courts, including bankruptcy courts, and in arbitrations across the Southern United States.

• Mississippi College School of Law, J.D. | 2008
• Mississippi State University, B.S. | 2004

• Mississippi
• Alabama

• "Mississippi Amends Code for Residential Roof Contractors; What Changes Do You Need to Know?" Adams & Reese Construction Law Alert, May 15, 2024
• "A313 Bond: What Is It and Why Do We Care?" published in Surety Claims Institute Newsletter, January 2022
• "Preliminary Injunctions: An Underutilized Tool for the Surety," published in Surety Claims Institute Newsletter, January 2021
• "House Bill No. 869," July 1, 2019 (the new law is codified at Section 85-7-432 of the Mississippi Code), Contributing Author
• "The Requirement of Actual Prejudice in the 2010 Edition of the A312 Performance Bond and its Effect on the Surety," published in Fidelity & Surety Law Committee Newsletter, Winter 2017
• "The Surety's Rights Post Completion: Can a Principal be Defaulted on a Completed Project?," published in Fidelity & Surety Law Committee Newsletter, Winter 2013
• "Defalcation While Acting in a Fiduciary Capacity: A Surety's Ability to Classify a Debt as Nondischargeable Under Section 523 of the Bankruptcy Code," published in Surety and Fidelity Claims Newsletter, October 2010
• "50 State Survey," published in American Bar Association Construction Forum, Division 10, 2009

• Construction Contract Damages, Spring Meeting of the Fidelity & Surety Law Committee of the Tort Trial & Insurance Practice Section, American Bar Association (2019)
• A Primer on the Surety’s Rights Against its Principal’s CGL Carrier, Southern Surety & Fidelity Claims Conference (2019)
• Injunctive Relief Available to the Surety, National Bond Claims Association (2018)
• Commercial Bond Survey – Common Commercial Bonds, Strategies for Managing and Methods for Minimizing Risk, Southern Surety & Fidelity Claims Conference (2018)
• Injunctive Relief Available to the Surety – How to Maximize Recovery and Minimize Loss, Philadelphia Insurance Company (2018)
• Working with your Counterparts: How Involvement with the Bond Underwriter and/or Agent can Help or Hurt the Claims Process, Southern Surety & Fidelity Claims Conference (2017)
• Common Issues Arising Out of Competitive Bid Statutes, Mid-Winter Meeting of the Fidelity & Surety Law Committee of the Tort Trial & Insurance Practice Section, American Bar Association (2017)
• Fraud: When Agent or Account Gives False Information, Southern Surety & Fidelity Claims Conference (2016)
• Ethical Considerations When Representing Sureties: A Discussion of Legal and Ethical Conflicts of Interest Arising in the Representation of Sureties in Litigation or Transactions Involving Other Sureties or Insurers, National Bond Claims Association (2015)
• Hanover v. Atlantis Drywall & Framing, et al: Are Indemnity Claims Subject to Arbitration?, Southern Surety & Fidelity Claims Conference (2015)
• Surety Law in Mississippi: Handling Payment Bond Claims, Travelers Casualty and Surety Company of America (2014)
• Counter Indemnity in the United States, Fidelity & Deposit Company of Maryland (2013)
• Handling Payment Bond Claims in Mississippi, The Gray Insurance Company (2012)
• The Impact of Stern v. Marshall on Fidelity and Surety Litigation, Annual Meeting of the Surety and Fidelity Claims Institute (2012)
• In Re Thomas: A Surety's Oasis in the Desert of Bankruptcy, Gulfcoast Fidelity & Surety Institute (2010)