Article Date: 09/02/2008


CONTRACTOR ALLOWED TO PURSUE LOST PROFIT INCURRED DUE TO PERFORMANCE BOND CLAIM


Court of Appeals of Michigan

The Llamas Group v. Huron Valley Schools

No. 275933
August 12, 2008


A Michigan court has ruled that a contractor should have been allowed to pursue an action against a public project owner for lost anticipated profit. The contractor alleged that a wrongful performance bond claim ruined its bonding capacity, leaving it unable ... Log in to view the full text.

 



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