International Fidelity Insurance Co. v. Americaribe-Moriarty JV

ORDER ON CROSS MOTIONS FOR SUMMARY JUDGMENT

MARCIA G. COOKE, United States District Judge

Plaintiffs International Fidelity Insurance Company and Allegheny Casualty Company (collectively “IFIC”) bring this action for a declaratory judgment that Defendant Americaribe-Moriarty JV (“AMJV”) failed to satisfy the conditions precedent to assert a claim- against the performance bond issued by IFIC, and that AMJV materially breached the performance bond, rendering it null and void. *1328See generally Compl., ECF No. 1. In response, AMJV asserts a counterclaim against IFIC alleging that IFIC breached the…