Airlines Reporting Corp. v. United States Fidelity & Guaranty Co.
California Court of Appeal
1Opinion of the Court
Opinion
ELIA, J.
In this appeal we consider the scope of a surety bond issued by respondent United States Fidelity and Guaranty Company (USF & G) for the benefit of its obligee, appellant Airlines Reporting Corporation (ARC). The surety bond covered the default of the principal, a travel agency, when the agency failed to pay for airline tickets issued according to an agreement between ARC and the agency. On appeal, ARC contends that USF & G was obligated under the bond to cover the agency’s default in payment for all tickets issued and used, whether as a result of a sale or, as here, a theft by…
2Cases cited14 opinions
- Bloom v. BenderCalifornia Supreme Court · 1957
- American Inter-Fidelity Exchange v. American Re-Insurance CompanyCourt of Appeals for the Seventh Circuit · 1994
- Sather Banking Co. v. Arthur R. Briggs Co.California Supreme Court · 1903
- Boys Club of San Fernando Valley, Inc. v. Fidelity & Deposit Co.California Court of Appeal · 1992
- Meyer v. Building and Realty Service Co., Inc.Indiana Supreme Court · 1935
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3Cited by15 opinions
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- JMR Construction Corp. v. Environmental Assessment & Remediation Management, Inc.California Court of Appeal · 2015
- Washington International Insurance v. Superior CourtCalifornia Court of Appeal · 1998
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