Food Lion, Inc. v. S. L. Nusbaum, Inc., 202 F.3d 223 (4th Cir. 2000)
Jan 01, 2000OUTCOME: Case dismissed on summary judgment and dismissal upheld on appeal.
This involved defense of an insurance broker who had sold bonds from an unlicensed surety that later defaulted on the bonds. The owner of the project was the obligee on a performance bond, and filed s ... uit to hold the broker liable for the costs of completing the project when both the owner and contractor defaulted.
