Article Date: 02/11/2008

APPEAL BOND COVERED PERFORMANCE SURETY ONLY

U.S. Court of Appeals for the Ninth Circuit

United Coastal Insurance Company v. Bechtel Hanford, Inc.

No. 06-35310
January 24, 2008

Overview

A federal appeals court has ruled that when a performance surety bonded off a court judgment pending appeal, the bond covered only the liability of the surety and not the underlying judgment against a subcontractor.

Background

Bechtel Hanford, ... Log in to view the full text.

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