IFIC, US Fire Win $7M Suit Over Manhattan Bridge Repairs

Law360, New York (December 4, 2012, 9:12 PM EST) -- A federal judge on Tuesday granted summary judgment to International Fidelity Insurance Co. and U.S. Fire Insurance Co. in their $7 million suit against a contractor that couldn’t finish a New York City bridge project, finding the contractor was bound by indemnity and forbearance agreements.

U.S. District Judge Denise Cote said The Aulson Co. Inc. failed to show that the insurers breached their duty of good faith and fair dealing when by failing to investigate and pursue its claim that Koch Skanska Inc., the general contractor...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.