Atlantic Contracting & Material Co. v. Ulico Casualty Co.
Court of Appeals of Maryland
1Opinion of the Court
HARRELL, Judge.
On 19 September 2000, Ulico Casualty Company (“Ulico”), Respondent here, filed a complaint in the Circuit Court for Prince George’s County against Petitioner, Atlantic Contracting and Material Company, Incorporated (“Atlantic”). The complaint was in response to Atlantic’s failure to reimburse Ulico for payments made by Ulico to a claimant under a surety bond and indemnity agreement. The surety, Ulico, had *292issued the performance and payment surety bond (“the bond”) on behalf of Atlantic, as principal, to guarantee Atlantic’s performance of its contractual obligations on a road…
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