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· 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 CourtListener

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.