Surety Bonds
When a Court Doesn’t Understand Surety Bonds
September 5th, 2018
It was only a $6,000 bond and not a construction case, but the Massachusetts Supreme Judicial Court unfortunately demonstrated its ignorance of surety bonds, showing how a case can be messed up when the court doesn’t understand the principles. In M…
Read More
Read More
Categories: Uncategorized
When the Indemnity Names the Wrong Entity
April 18th, 2017
It’s a problem. Per the court: “Just as ‘Ten’ is not ‘Twenty,’ a ‘corporation’ cannot mean ‘a limited partnership.'” So a surety who obtained an indemnity agreement for claims arising from bonds…
Read More
Read More