Jarrod W. Stone

Principal|Shareholder
Location:
Nashville, Tennessee
Phone:
615-742-9314
Fax:
615-242-4203
Email:

Jarrod W. Stone is a Shareholder with Manier & Herod, where he is the Head of the firm’s Surety and Fidelity Department.  Mr. Stone practices in the areas of surety law, fidelity law, construction law, insurance law, and general commercial law.  He also represents sureties in distressed contractor transactions and workouts, intercreditor transactions, surety credit facilities, bankruptcies, performance bond defaults, payment bond claims, and virtually every aspect of surety law.


Mr. Stone received his B.S. (2001), magna cum laude, from Middle Tennessee State University. He received his J.D. (2004), summa cum laude, Order of the Coif, and Order of Barristers from the University of Tennessee College of Law. While at the College of Law, Mr. Stone competed on the National Moot Court Team, for which he was awarded the Susan B. Devitt National Moot Court Award. He also competed on the College of Law’s National Trial Team, for which he received a Medal for Excellence in Advocacy from the American College of Trial Lawyers. Mr. Stone also twice won the College of Law’s Advocate’s Prize Moot Court Competition.


Mr. Stone was admitted to practice in Tennessee in 2004 and was subsequently admitted to practice in Kentucky in 2011 and in Ohio in 2016.  Mr. Stone is admitted to practice in all federal courts in Tennessee, Kentucky, Ohio, Indiana, and Arkansas.  Mr. Stone has represented sureties and fidelity insurers in relation to disputes arising in a number of states including Alabama, Arkansas, Florida, Georgia, Indiana, Illinois, Iowa, Kentucky, Louisiana, Montana, Nebraska, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and West Virginia.


Mr. Stone is also a frequent author and presenter on topics related to surety, fidelity, and insurance coverage law.  He Co-Chaired the Surety Program at the ABA Fidelity and Surety Law Committee’s 2016 Midwinter Meeting held in New York in January 2016.  Mr. Stone also Co-Chaired the 2013 Southern Surety and Fidelity Claims Conference in Charleston, South Carolina.  He also often conducts in-house seminars and CE presentations for his clients.

Practice Areas

  • Commercial and Professional Liability Insurance Coverage and Litigation
  • Construction Law
  • Employment Law
  • Fidelity Law and Cyber Insurance Coverage
  • Surety Law

Bar Admissions

  • Kentucky
  • Ohio
  • Tennessee, 2004
  • U.S. District Court Eastern District of Kentucky
  • U.S. District Court Western District of Kentucky
  • U.S. District Court District of Nebraska
  • U.S. District Court Middle District of Tennessee
  • U.S. District Court Eastern District of Tennessee
  • U.S. District Court Western District of Tennessee
  • U.S. District Court Northern District of Ohio
  • U.S. District Court Southern District of Ohio
  • U.S. District Court Eastern District of Arkansas
  • U.S. District Court Western District of Arkansas
  • U.S. District Court Northern District of Indiana
  • U.S. District Court Southern District of Indiana
  • U.S. Court of Appeals 6th Circuit
  • U.S. Court of Appeals 7th Circuit

Education

  • University of Tennessee College of Law, Knoxville, Tennessee
    • J.D.
  • Middle Tennessee State University, Murfreesboro, Tennessee
    • B.S.

Published Works

  • Author – Who Gets **IT? – Priority of Security Interests in Collateral, Southern Surety and Fidelity Claims Conference 2017, Nashville, Tennessee.
  • Author – Federal Acquisition Regulation 101, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2017 Midwinter Meeting, New Orleans, Louisiana.
  • Co-Author – Chapter 3 (The Construction Contract Provisions Critical to the Performing Surety: Scope of Work, Contract Price and Payment and Time of Completion), Bond Default Manual (J. Blake Wilcox, Mike R. Pipkin, Carol Smith, Thomas J. Vollbrecht, eds. American Bar Association 4th ed. 2015).
  • Author – Chapter 13 (Common Obligee Theory and Other Setoff Rights – The Subrogation Rights to the Obligee’s or Principal’s Setoff Rights), The Contract Bond Surety’s Subrogation Rights (George J. Backrach, James D. Ferrucci, Dennis J. Bartlett, eds., American Bar Association 2013).
  • Author – Surety Law Update, Southern Surety and Fidelity Claims Conference 2013, Charleston, South Carolina.
  • Author – When is it Over? Theories for Eliminating, or at Least Reducing, a Surety’s Liability for Latent Defects that are Discovered After Final Completion and Acceptance of the Bonded Contract, Southern Surety and Fidelity Claims Conference 2012, Clearwater Beach, Florida.
  • Author – Surety Law Update, Southern Surety and Fidelity Claims Conference 2011, New Orleans, Louisiana.
  • Co-Author – The Contract Document Provisions Relating to the Time of Completion, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2011 Midwinter Meeting, New York, New York.
  • Co-Author – Back to the Future: Has Bramble Revived the A311 Bonds and Do We Really Want to Go There?, Southern Surety and Fidelity Claims Conference 2011, Tampa Florida.
  • Co-Author – Chapter 13 (The Surety’s Common Law and Contractual Rights of Indemnity), The Law of Payment Bonds (Kevin L. Lybeck, Wayne D. Lambert, John E. Sebastian, eds., American Bar Association 2d ed. 2011).
  • Contributing Author – Chapter 3 (Documents and Agreements Related to the Indemnity Agreement), The Surety’s Indemnity Agreement (Marilyn Klinger, George J. Bachrach, Tracy L. Haley, eds., American Bar Association 2d ed. 2008).
  • Contributing Author – Tennessee Chapter, Payment Bond Manual (Wayne D. Lambert, Todd R. Braggings, J. Blake Wilcox, eds., American Bar Association 3d ed. 2006).
  • Contributing Author – Take it or Leave it? The Surety’s Right of Rescission, 2005 International Association of Defense Counsel Conference, New York, New York.

Classes/Seminars

  • Speaker – Who Gets **IT? – Priority of Security Interests in Collateral, Southern Surety and Fidelity Claims Conference, 2017 – Present
  • Speaker – Federal Acquisition Regulation 101, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2017 – Present
  • Speaker – Holding Banks Accountable for Sweeping Bonded Contract Proceeds, Philadelphia Surety Claims Association, 2016 – Present
  • Co-Chair – Surety Program for American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2016 – Present
  • Speaker – Holding Banks Accountable for Sweeping Bonded Contract Proceeds, Atlanta Surety Claims Association, 2015 – Present
  • Speaker – Protecting the Penal Sum, National Bond Claims Association, 2015 – Present
  • Speaker – Holding Banks Accountable for Sweeping Bonded Contract Proceeds, Midwest Surety & Construction Claims Conference, 2015 – Present
  • Speaker – The Construction Contract Provisions Critical to the Performing Surety, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2015 – Present
  • Speaker – Surety Rights Contained in General Agreement of Indemnity: Collateralization of the Surety, Southern Surety and Fidelity Claims Conference, 2015 – Present
  • Speaker – Protecting the Penal Sum – , Midwest Surety & Construction Claims Conference, 2014 – Present
  • Speaker – Protecting the Penal Sum, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2014 – Present
  • Speaker – What is a Default?, Southern Surety and Fidelity Claims Conference, 2014 – Present
  • Speaker – Common Obligee Theory and Other Setoff Rights, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2013 – Present
  • Co-Chair, Southern Surety and Fidelity Claims Conference, 2013 – Present
  • Speaker – Surety Law Update, Southern Surety and Fidelity Claims Conference , 2013 – Present
  • Speaker – When is it Over? Theories for Eliminating, or at Least Reducing, a Surety’s Liability for Latent Defects that are Discovered After Final Completion and Acceptance of the Bonded Contract, Southern Surety and Fidelity Claims Conference, 2012 – Present
  • Speaker – Surety Law Update, Southern Surety and Fidelity Claims Conference, 2011 – Present
  • Speaker – The Contract Document Provisions Relating to the Time of Completion, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2011 – Present
  • Speaker – Back to the Future: Has Bramble Revived the A311 Bonds and Do We Really Want to Go There?, Southern Surety and Fidelity Claims Conference, 2011 – Present
  • Speaker – The Surety’s Common Law and Contractual Rights of Indemnity –, American Bar Association, Tort and Trial Practice Section, Fidelity and Surety Law Committee, 2011 – Present
  • Speaker – Surety Law Update, Southern Surety and Fidelity Claims Conference, 2005 – Present

Professional Associations and Memberships

  • American Bar Association, Member
  • Tennessee Bar Association, Member
  • Nashville Bar Association, Member