· 11/20/2018
ACME Standex v. WCAB
Citations
- 199 A.3d 517
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that a surety owes a duty of good faith to both its principal and obligee, and by implication that a common law action for breach of this duty would be available where the surety is found to be liable on the underlying bond
- noting that a surety owes a duty of good faith and fair dealing to a principal
- explaining that a surety always owes a duty of good faith and fair dealing to a principal
- assuming without discussion that sureties owe duty of good faith in reliance on Dodge
- “This dual responsibility explains the surety’s careful examination of the nature of all presented claims before acting upon them.”
- “If the surety pays too quickly to the obligee, it may invite liability claims from the principal.”
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.