Article Date: 08/15/2022

Performance Bond Claim Limitation Clause Enforced

Supreme Court of Virginia

Southway Builders, Inc. v. U.S. Surety Company

Case no.: 210310 (unpublished)

Date filed: July 28, 2022

Overview

The Virginia Supreme Court has ruled that regardless of whether Virginia or Maryland law applied, a one-year claim limitation clause in a performance bond was enforceable. A prime contractor waited too long to seek recovery ... Log in to view the full text.

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