Surety Bonds

When a Court Doesn’t Understand Surety Bonds

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

When the Indemnity Names the Wrong Entity

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