Legal Opinion
Cornell & Co. v. First Indemnity of America Insurance (In Re Muratone Co.)
District Court, E.D. Pennsylvania
Decided July 11, 1996No. Bankruptcy No. 93-10439F. Civil Action No. 95-5782PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM AND ORDER
SHAPIRO, District Judge.
This is an appeal from a bankruptcy court judgment that Muratone Company, Inc., Debtor (“Muratone”), and First Indemnity of America Insurance Company (“First Indemnity”) are not obligated on certain payment and performance bonds which Cornell & Company (“Cornell”), the prime contractor on a construction project, required its subcontractor, Muratone, to provide. For the reasons stated below, the judgment of the bankruptcy court will be affirmed.
FACTUAL AND PROCEDURAL HISTORY
The bankruptcy court made the following findings of fact:
Appellant Cornell is…
2Cases cited11 opinions
- United States v. Robert Asmar and Kathleen AsmarCourt of Appeals for the Third Circuit · 1987
- SABINO v. JunioSupreme Court of Pennsylvania · 1971
- Bensalem Township v. Western World InsuranceDistrict Court, E.D. Pennsylvania · 1985
- Deeter v. Dull Corp., Inc.Superior Court of Pennsylvania · 1992
- Pfeiffer v. Grocers Mutual InsuranceSuperior Court of Pennsylvania · 1977
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3Cited by1 opinion
- In Re Muratone Company, Inc., Cornell and Company, Inc. v. Muratone Company, Inc., First Indemnity of America Insurance CompanyCourt of Appeals for the First Circuit · 1997