SAFECO INS. CO. OF AMERICA v. CRITERION INV. CORP.

No. CIV-3-87-0502.

732 F.Supp. 834 (1989)

SAFECO INSURANCE COMPANY OF AMERICA, Plaintiff, v. CRITERION INVESTMENT CORPORATION, et al., Defendants.

United States District Court, E.D. Tennessee, N.D.

September 27, 1989.


Attorney(s) appearing for the Case

Dean B. Farmer and T. Kenan Smith, Hodges, Doughty & Carson, Knoxville, Tenn., for plaintiff.

Jess D. Campbell, Knoxville, Tenn., for defendants.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

JORDAN, District Judge.

This is a diversity civil action brought by a corporate surety to recover upon a general agreement of indemnity given by the defendants to the plaintiff. The action was tried before the Court without a jury May 3, 1989. After having taken this case under advisement, the Court states the following findings of fact and conclusions of law as required by Fed.R.Civ.P. 52(a).

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