Seventh Circuit examines "pay-if-paid" provision
Construction Lawyer
JULY 20, 2012
Sabo & Zahn LLC is an Illinois Limited Liability Company. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. Industrial Power's receipt of payment is a condition precedent to its obligation to pay BMD. True, Copyright Notice. Disclaimer.
Let's personalize your content