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Home / Opinion Digests / Business Law / Surety Has Both Tort, Contract Claims (access required)

Surety Has Both Tort, Contract Claims (access required)

Plaintiffs, sureties that issued numerous construction payment and performance bonds and are suing debtor Truland Entities to enforce collateral security and indemnification provisions in their Indemnity Agreements, win dismissal of defendants’ counterclaims, which are essentially restatements of defendants’ affirmative defenses, says the Alexandria U.S. District Court. Defendants assert four counterclaims, for violation of Title 8.9A of ...

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