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Archive by Month: September 2015
Eleventh Circuit Affirms Surety's Rights Under Indemnity Agreement
Posted in Legal Alerts, News by on Tue Sep 22, 2015
Today, in Fidelity & Deposit Company of Maryland vs. C.E. Hall, the United States Eleventh Circuit Court of Appeals ruled that a surety, that has previously made a demand for collateral security upon its principal, which demand was refused by the principal, retains the right to settle the obligee’s claims..
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