COVENANT MUTUAL INSURANCE COMPANY, Plaintiff,
v.
ABLE CONCRETE PUMP, et al., Defendants.
United States District Court, N.D. California.https://leagle.com/images/logo.png
July 25, 1984.
July 25, 1984.
Attorney(s) appearing for the Case
Mark O. Rorem, E.S. Wilson, Maloney, Chase, Fisher & Hurst, San Francisco, Cal., for plaintiff.
Maurice Trad, San Francisco, Cal., for John A. Ferrera, dba John Ferrera Painting Co.
Aaronson, Dickerson & Lanzone, P.C., San Carlos, Cal., for Pacific Ready-Mix Inc.
Foley & Foley, San Jose, Cal., for Nestor Insulation, Inc.
Hugh P. Gallagher, Berkeley, Cal., for Pacific Tel. & Tel. Co.
George E. Couper, Inc., A Law Corp., Sacramento, Cal., for L.E. Boyd Roof Structures.
Joseph H. Inglese, P.C., San Francisco, Cal., for Wesco.
John K. Van de Kemp, Atty. Gen., of Cal., Randall P. Borcherding, Deputy Atty. Gen., San Francisco, Cal., for Franchise Tax Bd. of the State of Cal.
Raymond J. Davilla, Jr., Kelly, Leal & Olimpia, P.C., Sunnyvale, Cal., for Gerry Wilkinson Corp.
Stimmel & Stimmel, P.C., Lee D. Stimmel, Patricia Nichols, San Francisco, Cal., for Alameda Elec. Distributors, Inc.
Robert L. Randall, San Jose, Cal., for Independent Scissors Lifts, Inc.
Law Offices of Edward D. Schwartz, David L. Samuelson, San Jose, Cal., for Space Designs, Inc.
Burriss, Lowman & Rice, P.C., Mountain View, Cal., for Neu Bros. Grading & Paving, Inc.
Auerbach & Dauphin, Inc., Harold B. Auerbach, San Francisco, Cal., for Creditors American Steel & Gulf Western Mfg. Co., Bohn Heat Transfer Div.
Stimmel & Stimmel, Patricia Nichols, Stephen V. O'Neal, Claude M. Stern, Horwich & Warner, Michael Kissinger, San Francisco, Cal., for The Creditors Committee.
Gregory D. Walker, Oakland, Cal., for Frank A. Diamantine dba Jackson Street Lumber Sales.
United States District Court, N.D. California.
OPINION AND ORDER
ORRICK, District Judge.
The sole issue left to be decided in this action is whether a surety for both payment and performance bonds on a government contract who completes performance for the defaulting contractor and also deposits the full amount of the payment bond with the court is entitled to sums retained by the government from the original contractor's progress payments even though the payment bond does not fully compensate that contractor...
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