Munich Re-Insurance Co. v. United Surety Co.

This is an appeal from a decree which dismissed the hill of complaint of the Munich Re-Insurance Company filed against the United Surety Company, decreed that the defendant was entitled to cross-relief as prayed in its answer, and referred the cause to the auditor to ascertain and report the amount, if any, due by the plaintiff to the defendant under what is called a “participation contract.” The bill charges that the Munich Company was induced to enter into and execute that contract with "the Surety Company through false and fraudulent representations of material facts on the part of the…