9th Circuit:  Rehearing Bid Withdrawn In Insolvent Surety's Reimbursement Case

Mealey's (August 4, 2020, 1:44 PM EDT) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on Aug. 3 granted the withdrawal of builders' petition for a rehearing of a summary judgment ruling in an insolvent surety's case alleging that the builders breached a continuing agreement of indemnification (CAI) by refusing to reimburse claims of $1,925,880.84 (Western Insurance Co. in liquidation v. Frontier Homes LLC, et al., No. 19-55101, 9th Cir., 2020 U.S. App. LEXIS 24410)....