Article Date: 04/15/2021

Indemnification Obligation Exceeded Scope of Performance Bond on Desig/Build Contract

U.S. Court of Appeals for the Second Circuit

Arch Insurance Company v. Centerplan Construction Co., LLC

Case no.: 19-2622-cv

Date filed: March 31, 2021

Overview

A federal appeals court has ruled that the owners of a construction company were liable to a bonding company for all payments made in good faith. Although the performance bond on ... Log in to view the full text.

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