(Download) "St. Paul Fire and Marine Insurance Co. v. Pepsico Inc." by United States Court of Appeals for the Second Circuit " Book PDF Kindle ePub Free
eBook details
- Title: St. Paul Fire and Marine Insurance Co. v. Pepsico Inc.
- Author : United States Court of Appeals for the Second Circuit
- Release Date : January 08, 1989
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 90 KB
Description
This is an appeal from a judgment entered in the United States District Court for the Southern District of New York, Duffy, J., pursuant to Fed.R.Civ.P. 54(b) dismissing defendant-third-party plaintiff-appellant PepsiCo, Inc.s (PepsiCo) third-party complaint against third-party defendant-appellee Banner Industries, Inc. (Banner). PepsiCos complaint sought damages for losses it suffered when it became liable on bonds it guaranteed as a surety on behalf of its wholly owned subsidiary, Lee Way Motor Freight, Inc. (Lee Way). These bonds were drawn in favor of plaintiff St. Paul Fire and Marine Insurance Co. (St. Paul); their value exceeded $1 million.
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