Legal Opinion
Mitacon Anstalt v. F.I.A. Insurance
Court of Appeals for the Third Circuit
Decided December 6, 1984No. 83-5927PublishedCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
SLOVITER, Circuit Judge.
In this diversity action we must predict whether, under New Jersey law, a surety which guaranteed the performance of a seller of goods by issuing a bond for the benefit of the buyer remains liable when the parties to the underlying contract substitute a different buyer. The district court entered summary judgment in favor of the buyer on the issue of liability.
I
On August 5, 1980, Bonanza Refining International Company (Brico), a Texas corporation, contracted to sell to Societe Cho-ron Internationale (Choron), a French corporation, 20,000 boxes (20…
2Cases cited12 opinions
- Essex International, Inc., a Michigan Corporation v. Earl A. ClamageCourt of Appeals for the Seventh Circuit · 1971
- Amelco Window Corp. v. Fed. Ins. Co.New Jersey Superior Court Appellate Division · 1974
- Stano v. Soldo Constr. Co.New Jersey Superior Court Appellate Division · 1983
- Thorpe v. StoryCalifornia Supreme Court · 1937
- Ampex Credit Corporation and Ampex Corporation v. Needham Bateman and Harold SuitCourt of Appeals for the Fifth Circuit · 1977
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