United States Fidelity & Guaranty Co. v. Green

Plaintiff, a surety company, moves for summary judgment in the sum of $1,439,496.38. This action is based on “ General Indemnity Agreements ” and a “ Joint Venture Agreement ” executed by defendant in his personal capacity.

*2The plaintiff issued certain performance and payment bonds — totaling about $12,000,000 — on behalf of William Green Construction Co., Inc. (“ Green, Inc.”) in connection with various construction jobs undertaken by it. Defendant was president and principal stockholder of Green, Inc. The bonds were issued to Green, Inc., on the express written agreements of defendant to…