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· 5/8/1998

United States Fidelity & Guaranty Co. v. Feibus

Citations

  • 15 F. Supp. 2d 579
  • 1998 U.S. Dist. LEXIS 11615
  • 1998 WL 429798

How courts have described this case

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

  • holding that the terms of the indemnity agreement governed and its language \does not require that payments be made only in the face of actual liability under the bonds\
  • concluding that evidence that a surety settled a claim despite the principal’s allegations that the owner was in default could not establish bad faith when the principal ignored numerous requests to post collateral
  • concluding that evidence that a surety settled a claim despite the principal's allegations that the owner was in default could not establish bad faith when the principal ignored numerous requests to post collateral
  • rejecting indemnitors’ arguments that there must be actual liability under the bonds before the surety may recover from the indemnitors
  • rejecting principal's argument that surety had acted in bad faith where principal failed to submit evidence of dishonest purpose or improper motive in surety's failure to investigate claims
  • evidence of excessive payments on claims does not rise to the level of bad faith

Source: CourtListener parenthetical corpus (CC0).

Judges: Caputo

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.