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  5. 199 A.D.2d 209 (1993)
 

MATTER OF UNION INDEM. INS. CO.

199 A.D.2d 209 (1993)

605 N.Y.S.2d 756

In the Matter of the Liquidation of Union Indemnity Insurance Company. Solco Plumbing Supply, Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

December 30, 1993

On May 20, 1983, Tech Heating & Mechanical, Inc., which on the same day entered into a subcontract for mechanical work at the Judge Gilbert Ramirez apartments in the Bronx, obtained, as principal, a "Subcontract Labor and Material Payment Bond" from the now defunct Union Indemnity Insurance Company of New York, as surety, in the amount of $625,000 in favor of the general contractor Anthony Marino Construction Corp., as obligee...

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