· 2/18/2011
First National Insurance Co. of America v. Sappah Brothers Inc.
Citations
- 771 F. Supp. 2d 569
- 2011 U.S. Dist. LEXIS 16540
- 2011 WL 650553
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that the public interest supported issuing a preliminary injunction directing defendants to deposit collateral security with surety-plaintiff
- concluding that plaintiff-surety was likely to suffer irreparable harm in the absence of preliminary injunctive relief in the form of collateral security
- concluding that plaintiff-surety was likely to suffer irreparable harm in the absence of preliminary injunctive relief in the form of collateral security
- concluding that the public interest supported issuing a preliminary injunction directing defendants to deposit collateral security with surety-plaintiff
- recognizing “that a surety’s loss of its right to collateralization cannot be adequately remedied through monetary damages” (citations omitted)
- “[E]nforcing the collateral security provision of an indemnity agreement in the construction setting … encourage[s] sureties to continue to provide bonds for public construction contracts.”
Source: CourtListener parenthetical corpus (CC0).
Judges: W. Earl Britt
Read full opinion on CourtListenerSourced 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.