Seventh Circuit examines "pay-if-paid" provision
Construction Lawyer
JULY 20, 2012
Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. In other words, you use the stuff we post here at your own risk.
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