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IDEAL ELECTRONIC SEC. CO. v. INTERN. FIDELITY INS.

Nos. 96-7169, 96-7186.

129 F.3d 143 (1997)

IDEAL ELECTRONIC SECURITY CO., INC., et al., Appellants/Cross-Appellees, v. INTERNATIONAL FIDELITY INSURANCE COMPANY, Appellee/Cross-Appellant.

United States Court of Appeals, District of Columbia Circuit.

Decided November 7, 1997.

Attorney(s) appearing for the Case

John W. Karr, Washington, DC, argued the cause and filed the briefs for appellants/cross-appellees.

Neil L. Henrichsen, Washington, DC, argued the cause and filed the briefs for appellee/cross-appellant.

Before: EDWARDS, Chief Judge, SENTELLE and RANDOLPH, Circuit Judges.

Opinion for the Court filed by Chief Judge HARRY T. EDWARDS.

HARRY T. EDWARDS, Chief Judge:

This case involves a claim under an indemnity agreement by a surety company, appellee International Fidelity Insurance Co. ("IFIC" or "surety"), against the holders of a payment bond, appellants Ideal Electronic Security Co., Inc., et al. ("Ideal"). Upon securing the payment bond, Ideal agreed to indemnify IFIC against...

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