Reliance Insurance v. Liberati

OPINION

LARSEN, Justice.

Joseph Liberati, husband of appellant, is in the construction business, and the Reliance Insurance Company (appellee) provides performance bonds for Mr. Liberati’s business. Appellee obtained an agreement of indemnity on April 18, 1974, signed by Joseph Liberati and also purportedly signed by appellant, his wife. This agreement of indemnity contained a warrant to confess judgment. On December 21, 1976, a complaint (confession of judgment for money) was duly filed by appellee wherein it was alleged that Joseph and Maria Liberati had failed to fulfill an obligation under…