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When A Surety Declines To Sue, Court Does Not Assume Waiver Of Subrogation Rights

Sunday, February 04, 2007 11:30 am

 
When A Surety Declines To Sue, Court Does Not Assume Waiver Of Subrogation Rights

The U.S. District Court for the Eastern District of Louisiana granted the defendant's motion for summary judgment on the plaintiffs' claims for damages that the plaintiffs' surety had already paid.

Dominion hired several parties to construct an oil and gas platform (platform) that was to be permanently installed into the seabed on the Outer Continental Shelf using, among other means, caissons (anchors) embedded in the ocean floor. Plaintiff SparTEC, Inc. (SparTEC), the general contractor, hired plaintiff [...]

 
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