United States v. International Fidelity Insurance

MEMORANDUM AND ORDER

WESLEY E. BROWN, Senior District Judge.

In April, 1995, this action was brought by the United States against defendant International Fidelity Insurance Company (hereafter “IFIC”) on behalf of the Commodity Credit Corporation, (CCC) to recover on a warehouseman’s bond written in 1987 by IFIC to insure a grain storage agreement between Howard W. McDaniel and the CCC involving storage facilities located in Gueda Springs, Kansas. In the complaint, it was alleged that Mr. McDaniel breached his obligations under the storage agreement and was indebted to the United States for the…