Homebuilders Breached Agreement With Insolvent Surety, 9th Circuit Finds

Mealey's (May 22, 2020, 1:16 PM EDT) -- SAN FRANCISCO — Homebuilders breached a continuing agreement of indemnification (CAI) when they refused to reimburse an insolvent surety for claims of $1,925,880.84 filed against surety bonds by two California cities,...
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