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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / Insurance Law: Government Contract-Performance Bond-Successor Standing

Insurance Law: Government Contract-Performance Bond-Successor Standing

  A prime contractor on a government contract obtained payment and performance bonds from defendant. Thereafter, the parties agreed to terminate the prime contract and defendant agreed to complete the contract. The government ultimately sued the parties on behalf of an unpaid supplier. The district court entered judgment against a surety of a non-performing subcontractor. Where the ...