suretyship defenses definition

82 results for suretyship defenses definition

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  • Inverting choice of law in the wired universe: thermodynamics, mass, and energy.

    ...(121) . The U.C.C. definition states, in part, that "goods" are (1) all things ..., electricity contracts involving a suretyship or guarantee of payment, and, in some states, ...(568.) Some courts have tended to treat defenses of impossibility and impracticality as questions ...

  • Annual survey of fidelity and surety law, 1998 -- part II.

    ... that while the principal may have viable defenses to reduce the surety's claim for indemnification, ...It declared that the law of suretyship does not contemplate the situation in which the ...A. Definition of Employee . Person who received wages from ...

  • Criteria For Choosing Between ConsensusDOCS And AIA Bond Forms

    Since first being introduced in 2007, ConsensusDOCS forms have become increasingly popular and along with the AIA forms are becoming industry standard. The organizations that endorsed the ConsensusDOCS devoted untold hours to developing the new forms, an effort that can only be presumed to reflect a wish for an improvement on the status quo ante. In 2009, the AIA began the process of revising its

  • Respecting Boilerplate

    Boilerplate refers to the legal clauses of general application typically found at the very front and very end of complex agreements (or the flip side of printed forms, or the “click-through” screens of online forms). This pejorative term comes from the days when big-city publishers would mold lead plate or paper mats—similar in appearance to the iron or steel plates riveted together to encase...

  • Annual survey of fidelity and surety law, 1994.

    ...ERISA and construction suretyship meet. . We do not frequently see bond cases ...A. Definition of Employee . Question of fact existed as to ...)(D) refers only to "actions" and not to defenses. Thus, FIRREA was interpreted as precluding ...

  • Annual survey of fidelity and surety law, 1993.

    ... that the failure to assert all potential defenses does not operate as a waiver. It went on to hold ... not applying the general principle of suretyship that the liability of a surety is co-extensive ...The court held that the definition of dishonesty in Insuring Agreement A was ...

  • Taking Security Guide

    In our interconnected global economy, banking and finance transactions are becoming increasingly complex and regulatory frameworks are constantly evolving. The act of taking security, that is, the creation and enforcement of proprietary rights to secure the payment of a monetary liability, requires creditors to continually keep abreast of relevant regulations and their developments. Cross-border...