Liberty Mutual compels shopper to pay $411k in surety bond battle

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The defendants appealed, however the appellate court docket affirmed the decrease court docket’s resolution. The judges pointed to New York legislation, which says a surety is entitled to indemnification upon proof of cost—until the cost was made in dangerous religion or was unreasonable in quantity. In this case, Liberty Mutual submitted the indemnity settlement, paperwork exhibiting the bonds have been issued, information of funds to claimants, and an affidavit from a regional vice chairman with an itemized record of funds. The court docket discovered this proof adequate. The defendants, in the meantime, failed to boost any factual dispute.

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