Bond/Tec, Inc. v. Scottsdale Ins. Co.
Court of Appeals of North Carolina
1Opinion of the Court
ELMORE, Judge.
Bond/Tec, Inc. (plaintiff) appeals an order of summary judgment entered in favor of Scottsdale Insurance Company (defendant) on plaintiff's claim for breach of insurance contract. Plaintiff entered into a contract with the Newton-Conover City Schools for the re-roofing of Newton-Conover High School on or about 11 June 2003. The contract price was $174,405.00, and plaintiff was required to post a performance bond of $50,000.00, which was to be held in escrow until completion of the work to ensure plaintiff's "satisfactory and timely finishing of the project." As stated in…
2Cases cited11 opinions
- Augat, Inc. v. Liberty Mutual InsuranceMassachusetts Supreme Judicial Court · 1991
- Liberty Mutual Insurance Co. v. CruzTexas Supreme Court · 1993
- Holley v. Burroughs Wellcome Co.Supreme Court of North Carolina · 1986
- Bunge Corporation v. The London and Overseas Insurance Co., the London and Overseas Insurance Co., Third-Party v. Brooks Banker, as Treasurer of American Express Company, Third-Partydefendant-AppelleeCourt of Appeals for the Second Circuit · 1968
- Franklin v. Oklahoma City Abstract & Title Co.Court of Appeals for the Tenth Circuit · 1978
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3Cited by4 opinions
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- Stresscon Corp. v. Travelers Property Casualty Co. of AmericaColorado Court of Appeals · 2013
- Duke Energy Carolinas, LLC v. Ag Ins. sa/nvNorth Carolina Business Court · 2018
- Essentia Insurance Company v. StephensDistrict Court, E.D. North Carolina · 2021