Posts from October 2013
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Virginia Court Determines Principal is a Necessary Party to Bond Claim
A Virginia court recently determined that a subcontractor’s bond claim that named the surety, but not the principal, was improper. After a subcontractor provided equipment and materials to a general contractor on a construction project, a dispute arose over payment. The subcontractor filed a mechanic’s lien which was then bonded off by the general contractor. The subcontractor then commenced litigation against the surety on the bond. Read More…