Legal Opinion
Bell BCI Co. v. Old Dominion Demolition Corp.
District Court, E.D. Virginia
Decided December 17, 2003No. CIV.A.03-489-APublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION
ELLIS, District Judge.
In connection with the issuance of subcontractor performance or payment bonds, sureties typically require subcontractors to agree, by contract, that in the event the bond is triggered by the subcontractor’s breach of its contract with the prime contractor, the subcontractor will (1) indemnify the surety and (2) assign to the surety the authority to settle any claims brought by the prime contractor against the subcontractor. Also typical is a provision in the indemnity agreement between the subcontractor and the surety that, in the event of a breach of…
2Cases cited7 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Burck v. TaylorSupreme Court of the United States · 1894
- Fox-Greenwald Sheet Metal Co., Inc. v. Markowitz Bros., Inc., Continental Casualty Co., Blake Construction Co., Inc., United States of AmericaCourt of Appeals for the D.C. Circuit · 1971
- Pysell v. KeckSupreme Court of Virginia · 2002
- Fidelity And Deposit Company Of Maryland v. Bristol Steel & Iron Works, Inc.Court of Appeals for the Fourth Circuit · 1983
2 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Great American Insurance Co. v. E.L. Bailey & Co.Court of Appeals for the Sixth Circuit · 2016
- Liberty Mutual Insurance v. Aventura Engineering & Construction Corp.District Court, S.D. Florida · 2008
- Handex of Maryland, Inc. v. Waste Mgmt. Disposal Services of Maryland, Inc.District Court, D. Maryland · 2006
- Liberty Mut. Ins. v. AVENTURA ENGINEERING & CONST.District Court, S.D. Florida · 2008
- John Wm. Brown Co. v. State Employees' Credit UnionCourt of Appeals of North Carolina · 2013
3 more not listed; retrieve them via the Exa API.