US Wants Interest From Surety In Fed. Circ. Bond Fight

Law360, Washington (October 09, 2013, 7:24 PM ET) -- The U.S. government asked the Federal Circuit on Wednesday to demand that Great American Insurance Co. pay special interest on a $6 million Court of International Trade judgment, saying the lower court abused its discretion in ruling that the government’s request had come too late.

U.S. Department of Justice attorney Jeanne Davidson told a three-judge panel that Great American owed the government so-called Section 580 interest and equitable interest on the judgment arising from a dispute over the payment of bonds secured by a crawfish tail...
To view the full article, register now.

Related

Sections

Case Information

Case Title

US v. Great American Insurance


Case Number

12-1462

Court

Appellate - Federal Circuit

Nature of Suit

Date Filed

June 18, 2012

Law Firms

Government Agencies