Contractor Can't Sue Over $9M Bond: Conn. High Court

Law360, New York (October 8, 2009, 1:32 PM EDT) -- Connecticut's highest court has reinforced the statutory limits on rights for payment under a bond, upholding a ruling that a contractor is unable to bring a common law suit against St. Paul Fire and Marine Insurance Co. or alter the time frame for litigation under an $8.9 million construction bond.

Affirming the trial court, the Supreme Court of Connecticut held Tuesday that Paradigm Contract Management Co. is barred from suing St. Paul for payment under a municipal construction bond given the time limit inscribed in General...
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