Aetna Casualty & Surety Co. v. Bank of Palm Beach & Trust Co.

LETTS, Judge.

This case arises because the trial court granted a motion to dismiss following it with a final judgment in favor of the mov-.ant. We affirm.

The background involves a large construction company with a loan outstanding at the appellee bank, said loan unrelated to any construction projects affected hereunder. During the pendency of the loan the appellant, Aetna Casualty, had issued a series of bonds encompassing various building projects undertaken by the construction company. Subsequently the construction company was unable to pay its subcontractors and materialmen, and Aetna was…