Safeco Insurance Company of America v. Joseph C. Schwab

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• surety intended to refund payment to indemnitor if loss did not materialize
• “If the claim on the bond must be paid, then the surety will pay the loss from the indemnitor’s funds; otherwise, the surety must return the funds to the indemnitor.”
• finding intent to provide for collateral security after demand made
• “Sureties are ordinarily entitled to specific performance of collateral security clauses”
• “Sureties are ordinarily entitled to specific performance of collateral security clauses”
• “Sureties are ordinarily entitled to specific performance of collateral security clauses.”

Source: CourtListener parenthetical corpus (CC0).