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GRANITE COMPUTER LEASING v. TRAVELERS INDEM. CO.

No. 81 Civ. 7705 (CBM).

702 F.Supp. 415 (1988)

GRANITE COMPUTER LEASING CORP., Plaintiff, v. The TRAVELERS INDEMNITY COMPANY, Defendant.

United States District Court, S.D. New York.

November 28, 1988.

Attorney(s) appearing for the Case

Shea & Gould, Lauren J. Wachtler, Barbara Slott, New York City, for plaintiff.

Max E. Greenberg, Cantor, Trager & Toplitz, James H. Reidy, New York City, for defendant.

OPINION

MOTLEY, District Judge.

I. BACKGROUND

The dispute concerns a contract involving Community Science Technology, Inc. (CST), National Modular Systems Corp. (NMS), and NMS' surety, The Travelers Indemnity Company (Travelers). The facts concerning this action are more fully set forth in this court's prior Amended Opinion of March 23, 1987, and will only be summarized here.

In March of 1973, CST was awarded a general contract by the United...

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