Gulf Insurance Co. v. Construx, Inc.

IN THE COURT OF APPEALS OF TENNESSEE AT NASHVILLE September 8, 1999 Session GULF INSURANCE CO. v. CONSTRUX, INC., ET AL. Appeal from the Chancery Court for Williamson County No. 24472 Russ Heldman, Chancellor No. M1999-02803-COA-R3-CV - Filed July 26, 2001 This is an appeal from the grant of Plaintiff’s motion for summary judgment. The case arises from a construction contract in which Gulf Insurance Co. provided Construx, Inc. the required payment and performance bonds, and in return obtained an indemnity contract with the individual Defendants as indemnitors. Additionally, a Settlement…