February 18, 2016
An insurance company trying to revoke its performance bond over Swedish construction giant Skanska AB's $1.3 million overpayment for shoddy work to a now-defunct subcontractor urged a Texas federal judge Wednesday to ignore a magistrate judge's conclusion that it consented to Skanska's noncompliance and still owes.
December 04, 2015
A Texas federal magistrate judge has sided with Skanska AB in a suit accusing the Swedish construction giant of voiding an insurance company's performance bond by paying a subcontractor for shoddy work at an air base, concluding that the insurer consented to "any" changes to the subcontract.
September 29, 2015
An insurer that guaranteed a Skanska AB subcontractor's work at a Texas air base has fired back at the Swedish construction giant's bid for summary judgment, saying Skanska's lax administration of the work, left unfinished when the subcontractor folded, voids the performance bond.
September 04, 2015
The U.S. arm of Swedish construction giant Skanska AB urged a Texas federal court Friday to reject Star Insurance Co.'s bid to revoke a performance bond issued to a U.S. Air Force base project subcontractor that Skanska allegedly overpaid by $1.3 million, a day after the insurer pressed the court to grant it victory in the suit.
July 16, 2013
Star Insurance Co. sued a U.S. arm of Swedish construction giant Skanska AB in Texas federal court on Monday, trying to revoke a performace bond issued to an Air Force base project subcontractor that Skanska allegedly overpaid by $1.3 million.