Monadnock Construction, Inc. v. Westchester Fire Insurance Co.

MEMORANDUM AND ORDER

JACK B. WEINSTEIN, Senior United States District Judge

Table of Contents

I. Introduction ,. .270

II. Facts... 271

III. Complaint and Motion to Dismiss ...273

IV. Law ... 274

A. Motion to Dismiss .. .274

B. New York General Obligations Law Section 17-103 .. .274

V. Application of Law to Facts .. .275

VI. Conclusion .. .277

I. Introduction

This breach of contract action arises out of defendant Westchester Fire Insurance Company’s (‘WFIC”) refusal to pay on performance bonds it issued in favor of plaintiff Monadnock Construction, Inc. (“Monadnock”). The legislative limitations period on…