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Home / Opinion Digests / Contract – Construction – Surety Bond – Premium Refund Policy (access required)

Contract – Construction – Surety Bond – Premium Refund Policy (access required)

In this decision from an Alexandria U.S. District Court, a construction company wins its suit alleging fraudulent inducement and false advertising by defendant with regard to its policy for allowing premium refunds on a surety bond plaintiff company needed to secure a contract to construct a Texas border fence. Plaintiff Persaud Companies is a construction contracting ...