Legal Opinion

Finance Co. of America v. United States Fidelity & Guaranty Co.

Court of Appeals of Maryland

Decided March 3, 1976No. [No. 100, September Term, 1975.]PublishedCited by 26 opinions

1Opinion of the CourtMurphy, C. J.

Mega Marine Engineering Service Co. (Mega) entered into a contract for shore erosion work with the Maryland Department of Natural Resources (the Department), dated January 17, 1973, for the sum of $22,780; as a statutory condition precedent to the award of the contract, Mega was required to provide payment and performance bonds in accordance with Maryland Code (1974) Real Property Article, § 9-112. 1 The United States Fidelity and Guaranty Company (the surety) executed the required bonds on Mega’s behalf, which were dated February 1,1973.

Mega subsequently defaulted on its contract with the…

2Cases cited28 opinions

  1. Prairie State Bank v. United StatesSupreme Court of the United States · 1896
  2. Henningsen v. United States Fidelity & Guaranty Co. of BaltimoreSupreme Court of the United States · 1908
  3. The National Shawmut Bank of Boston v. New Amsterdam Casualty Co., Inc.Court of Appeals for the First Circuit · 1969
  4. Jacobs v. Northeastern Corp.Supreme Court of Pennsylvania · 1965
  5. Orem v. WrightsonCourt of Appeals of Maryland · 1879

23 more not listed; retrieve them via the Exa API.

3Cited by26 opinions

  1. Hill v. Cross Country Settlement, LLCCourt of Appeals of Maryland · 2007
  2. Bachmann v. Glazer & Glazer, Inc.Court of Appeals of Maryland · 1989
  3. Riemer v. Columbia Medical Plan, Inc.Court of Appeals of Maryland · 2000
  4. Fireman's Fund Insurance v. Continental InsuranceCourt of Appeals of Maryland · 1987
  5. Interfirst Bank Dallas, N.A. v. United States Fidelity & Guaranty Co., Texas Court of Appeals, 5th District (Dallas)1989

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