Transamerica Insurance Company v. The United States
Court of Appeals for the Federal Circuit
1Opinion of the Court
PLAGER, Circuit Judge.
Plaintiff Transamerica Insurance Company (Transamerica) was the performance bond surety on two construction contracts with defendant United States (United States or government), the second of which was defaulted on by the contractor. Trans-america sued the government, under the doctrine of equitable subrogation, for recovery of funds payable by the government to the contractor under an equitable adjustment to the first contract, which the contractor sought and obtained after completing the first contract. The funds were sought as mitigation of Transamerica’s losses…
2Cases cited10 opinions
- Pearlman v. Reliance InsuranceSupreme Court of the United States · 1962
- United States v. Munsey Trust Co.Supreme Court of the United States · 1947
- Memphis & Little Rock Railroad v. DowSupreme Court of the United States · 1887
- Balboa Insurance Company v. The United StatesCourt of Appeals for the Federal Circuit · 1985
- City Stores Company v. Lerner Shops of District of Columbia, Inc.Court of Appeals for the D.C. Circuit · 1969
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3Cited by16 opinions
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- Admiralty Construction, Inc, by National American Insurance Co v. John H. Dalton, Secretary of the NavyCourt of Appeals for the Federal Circuit · 1998
- Nelson Construction Co. v. United StatesUnited States Court of Federal Claims · 2007
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