Is a contractor's contractual obligation to indemnify insurance company which executed a surety bond to guarantee payment of attorney fees incurred in defending claims arising from the bond?
MultiRegion, United States of America
The following excerpt is from United Merchants and Mfrs., Inc., In re, 6 C.B.C.2d 321, 674 F.2d 134 (2nd Cir. 1982):
5 Cf. Hartman v. Utley, 335 F.2d 558 (9th Cir. 1964) (bankrupt contractor's contractual obligation to indemnify insurance company which executed a surety bond to guarantee payment of materialmen and laborers for attorney's fees incurred in defending claims arising under the bond was source of an allowable claim under section 63 of the Bankruptcy Act).
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.
Other Questions
Can an insured who has been "cast in a defensive posture by the legal steps an insurer takes in an effort to free itself from its policy obligations" recover attorney fees and expenses incurred in defending against the insurer? ("New York", United States of America)
Can an insured sue for attorney fees incurred to obtain policy benefits and that would not have been incurred but for the insurer's tortious conduct? (MultiRegion, United States of America)
Can an insurer who undertakes to defend its insured against a defense attorney who is also an attorney representing Manzanita? (MultiRegion, United States of America)
What are the costs and attorney fees incurred by the insured as a result of the insurer's failure to defend? (MultiRegion, United States of America)
Is an insurer liable for fees incurred by an insured in the wake of the insurer's breach of its duty to defend? (MultiRegion, United States of America)
Does a federal court have jurisdiction to hear claims by an alien arising from decisions or actions by the Attorney General to commence proceedings, adjudicate cases, or execute removal orders? (MultiRegion, United States of America)
Is an insurer obligated to defend an action against its insured? (MultiRegion, United States of America)
Does a claim arising from an employee’s status as a non-executive director of a company be deductable from the proceeds of their legal defence? (Canada (Federal), Canada)
Does an insurance company have a duty to indemnify a principal against an agent for a loss sustained by the insured as a result of the agent's actions? (MultiRegion, United States of America)
Does a claim that an attorney's personal tax problems render the attorney incompetent to practice tax law in a case where the attorney has been suspended from practice or disbarred? (MultiRegion, United States of America)
