LUDGATE INS. COMPANY, LTD v. Lockheed Martin Corp.
California Court of Appeal
1Opinion of the Court
Opinion
PREMO, Acting P. J.
Defendant and cross-complainant Lockheed Martin Corporation (hereafter, Lockheed) appeals from a judgment on the pleadings entered in favor of plaintiff and cross-defendant Ludgate Insurance Company, Ltd. (hereafter, Ludgate), and from an order denying Lockheed’s motion to require Ludgate to post a bond pursuant to Insurance Code sections 1616 and 1620.
We reverse in part, and affirm in part.
Procedural History
Ludgate is one of several plaintiffs that filed the present action for declaratory relief against Lockheed. The other plaintiffs are members of underwriting…
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