Use this searchbox to search JudicialCaselaw.com for more interesting court decisions.

Westfield Insurance Company v. Byrd et al (3:21-cv-00003-DCLC-DCP)

U.S. District Court for the Eastern District of Tennessee

Share on Social Media

Westfield Insurance Company v. Byrd et al (3:21-cv-00003-DCLC-DCP)

Follow on Feedly for case updates: follow us on feedly

RSS: RSS Feed Icon

  • MEMORANDUM OPINION AND ORDER: For the above stated reasons, Westfield's motion for summary judgment [Doc. 19] is GRANTED as to all of Westfield's claims, and Westfield is entitled to judgment as a matter of law as t o all counts of its complaint [Doc. 1]. Accordingly, it is hereby ORDERED that the Indemnitors, jointly and severally, shall provide to Westfield: (1) indemnity in the form of cash reimbursement of $104,611.92 for Westfield's verifie d losses and expenses as of February 14, 2022, which were incurred by reason of Westfield having issued the K & F Construction bonds, and in enforcing the Indemnity Agreement between the parties; and (2) specific performance of the collateral securit y provisions contained in the indemnity agreement requiring Indemnitors to post collateral security in the amount of $163,247.51. A separate judgment will enter.See Memorandum Opinion and Order for details. Signed by District Judge Clifton L Corker on 05/12/2022. (CAT)

Use this searchbox to search JudicialCaselaw.com for more interesting court decisions.

Westfield Insurance Company v. Byrd et al (3:21-cv-00003-DCLC-DCP)

U.S. District Court for the Eastern District of Tennessee

Share this with your network