INTERN. FIDELITY INS. v. ASHLAND LUMBER

Record No. 942210.

463 S.E.2d 664 (1995)

INTERNATIONAL FIDELITY INSURANCE COMPANY v. ASHLAND LUMBER COMPANY, INC.

Supreme Court of Virginia.

November 3, 1995.


Attorney(s) appearing for the Case

Neil L. Henrichsen (Brooks W. Moore; Mitterhoff & Henrichsen, on briefs), for appellant.

C. Jeffers Schmidt, Jr., for appellee.

Present: All the Justices.


KOONTZ, Justice.

In this appeal, we consider whether a judgment creditor may obtain a lien by writ of fieri facias on, and thus reach by garnishment, funds retained by a principal relating to a contract upon which the judgment debtor has defaulted, where the judgment debtor's surety has assumed the duties and responsibilities of its indemnitee.

On October 16 and 22, 1992, appellant International Fidelity Insurance Company (IFIC) issued payment bonds on behalf...

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