Travelers Indemnity Co. v. Sarkisian
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Mercure, J.
Plaintiff was the surety on certain payment and perfor*28manee bonds issued on behalf of Midstate Constructors, Inc. (hereinafter Midstate), a Texas corporation that performed construction work in the southwest, particularly in Texas. Midstate defaulted on obligations to owners and contractors and has since been adjudicated bankrupt. The Texas courts rendered three judgments against Midstate totaling $3,236,588.20. Plaintiff paid these claims and received assignments of judgment. In August 1981, certain parties who had agreed to indemnify plaintiff against…
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- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Hagans v. LavineSupreme Court of the United States · 1974
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
- McLearn v. Cowen & Co.New York Court of Appeals · 1983
- McLearn v. Cowen & Co.New York Court of Appeals · 1979
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