· 8/19/1997
General Accident Insurance Co. of America v. Merritt-Meridian Construction Corp.
Citations
- 975 F. Supp. 511
- 1997 U.S. Dist. LEXIS 12716
- 1997 WL 527346
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding surety had right to indemnification for claims it reasonably determined it was liable for, regardless of actual liability
- holding surety entitled to summary judgment because defendant did not deposit collateral security and request surety defend against claims and because there was no evidence of bad faith
- standing for the proposition that the relationship of surety and contractor is set forth in the indemnification agreement and not the performance bond
- finding good faith in “the absence of an indication of fraud or collusion between [the surety company] and the claimants”
- equating “good faith” with “the absence of an indication of fraud or collusion between [the surety] and the [third-party] claimants”
- settling disputed claims after indemnitors failed to post collateral defeats a finding of bad faith
Source: CourtListener parenthetical corpus (CC0).
Judges: Sweet
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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