Article Date: 04/19/10


ANOTHER PROJECT OWNER FORFEITS PERFORMANCE BOND RIGHTS


Court of Appeals of Tennessee, at Memphis

Breath of Life Christian Church v. Travelers Insurance Company

No. W2009-00284
March 26, 2010



Overview

A Tennessee court has ruled that a project owner could not invoke the protection of a performance bond without first strictly adhering to the bond's requirements for declaration of default and assurance of the contract balance. Even ... Log in to view the full text.

 



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