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Fidelity & Surety Reporter 
Fall 2005 Issue 11 Quarterly Newsletter

The Rights and Obligations of the Surety Under Dual Obligee Bonds 

Surety permitted to amend lawsuit against irs to seek contract funds which were wrongfully levied post-lawsuit 

Sureties and Contractors: Addressing the Growing Mold Issue 

American Insurance Association Fidelity & Surety Committee 
Sureties and Contractors Addressing the Growing Mold Issue

Payment Bond SuretiesTake Note: New York Labor Law Amended (08/01/02) 

Surety's Project Specific Subrogation Rights Cannot be defeated by NY Department of Labor's Notice of Cross-Withholding (3/01/02) 

Pennsylvania's Supreme Court Allows Low Bidder to Substitute Bid Bond Issued by Higher Rated Surety to Conform to Contract Requirements 

Government Action Against Performance Bond 
Surety Barred by Statute of Limitations

Surety's Right to Disputed Funds Superior Under Doctrine of Equitable Subrogation; Little Miller Acts Provide "Constructive Notice" to Secured Creditors 

E&D Leads Surety Innovations at DFW Airport 

New York Appellate Court Expands the West-Fair Ruling Concerning "Pay-When-Paid" Provisions and Dismisses Surety's Argument that Liability is Co-Extensive with the Bond Principal's Liability 

New York's Highest Court Rules that a Statutory Limitation on the Time to Sue on a Public Works Payment Bond Cannot be Extended by Underlying Subcontract Terms 

New York Appellate Court Confirms Priority of Trust Fund Obligations Over Assignment Rights to Lenders 

When is embezzlement embezzlement? Manifest Intent and the Employee Dishonesty Bond 

New Jersey Court Considers Bad Faith Claim Against Miller Act Surety 

Federal Magistrate Judge Reduces Completion Funds Available to Surety Because of Delays By Original Contractor and Further Asserts Delay Damages Against Surety for Surety's Own Delays