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Judicial Council of California Issues Opinion in First American Title Insurance Vs Arkesh Ventures and Kaushik Banerjee Case

Judicial Council of California Issues Opinion in First American Title Insurance Vs Arkesh Ventures and Kaushik Banerjee Case
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Subcontractor Seeks Release From $5 7M Construction Bond

ADVERTISEMENT ADVERTISEMENT Subcontractor Seeks Release From $5.7M Construction Bond Law360 (March 15, 2021, 9:04 PM EDT) A former subcontractor on a Hawaii highway construction project sued a Tokio Marine unit in that state s federal court over a $5.65 million performance bond, saying the contractor involved missed its window to try and enforce the instrument. South Carolina-based Acadian Steel Inc. sued its surety, American Contractors Indemnity Co., Friday in Hawaii federal court in response to a demand made under the bond by the contractor on the project, Nan Inc., which is not a defendant in the suit. Acadian said the 25-month time frame in which the bond could ve been enforced closed late last year and that an effort.

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