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DISTRICT NO. 1—PACIFIC v. TRAVELERS CAS.

No. 00-CV-737.

782 A.2d 269 (2001)

DISTRICT NO. 1—PACIFIC COAST DISTRICT, Marine Engineers' Beneficial Association and National Marine Engineers' Beneficial Association, Appellants, v. TRAVELERS CASUALTY AND SURETY COMPANY, Appellees.

District of Columbia Court of Appeals.

Decided September 27, 2001.

Attorney(s) appearing for the Case

John J. Beins, Rockville, MD, was on the brief, for appellants.

Douglas Mataconis, Falls Church, VA, Edward M. Kay, Fort Lauderdale, FL, and Paul V. Esposito, Chicago, IL, were on the brief, for appellees.

Before SCHWELB, FARRELL, and RUIZ, Associate Judges.

FARRELL, Associate Judge:

This appeal presents issues of interpretation of a fidelity bond and, more particularly, a settlement agreement by which the issuer of the bond, Aetna Casualty and Surety Company ("Aetna"), in return for rights of subrogation and reimbursement, paid for certain losses suffered by the appellant labor Unions (hereafter collectively "MEBA") at the hands of dishonest officers and employees. Upon suit...

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