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UNITED STATES v. PEERLESS CASUALTY COMPANY

No. 15725.

360 F.2d 210 (1966)

UNITED STATES of America v. PEERLESS CASUALTY COMPANY, Appellant.

United States Court of Appeals Third Circuit.

Decided May 24, 1966.

Attorney(s) appearing for the Case

Ralph G. Mesce, Newark, N. J. (William Abruzzese, Newark, N. J., Murray Brensilber, New York City, of counsel, on the brief) for appellant.

David M. Satz, Jr., U. S. Atty., Newark, N. J. (Martin Tuman, Asst. U. S. Atty., Newark, N. J., on the brief), for appellee.

Before STALEY, Chief Judge, and McLAUGHLIN and SMITH, Circuit Judges.

PER CURIAM.

This action was commenced by the United States to recover for the breach of an appearance bond executed by the Peerless Casualty Company. After Peerless had conceded that the bond had been breached, the district court concluded that the provision in the bond for the payment of five thousand dollars in the event of breach "was, in [its] opinion, a reasonable forecast of just compensation * * *" and granted the government's motion for summary judgment.<...

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