Legal Opinion
Public Service Electric & Gas Co. v. Technology for Energy Corp. (In Re Technology for Energy Corp.)
United States Bankruptcy Court, E.D. Tennessee
Decided May 12, 1992No. Bankruptcy No. 3-85-00455, Adv. No. 1-89-0266PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM
RALPH H. KELLEY, Chief Judge.
The plaintiffs, Bechtel and Public Service, needed a radiation monitoring system for a nuclear power plant in New Jersey. Technology for Energy Corporation (TEC) agreed to build the system. The contract is made up of two purchase orders. For each purchase order, TEC obtained a payment and performance bond from American Insurance. Bechtel and Public Service brought this suit primarily to recover from American under the bonds.
The court and the parties agreed to divide the issues for trial. The first issue is whether American can be liable for more than the…
2Cases cited31 opinions
- Roberts v. Security Trust & Savings BankCalifornia Supreme Court · 1925
- Leitner v. BraenNew Jersey Superior Court Appellate Division · 1958
- People's Lumber Co. v. GillardCalifornia Supreme Court · 1902
- Craswell v. BiggsOregon Supreme Court · 1938
- American Casualty Company of Reading, Pa. v. DevineSupreme Court of Alabama · 1963
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3Cited by4 opinions
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