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TOWN OF BLACK MOUNTAIN v. LEXON INS. CO.

No. COA14-740.

768 S.E.2d 302 (2014)

The TOWN OF BLACK MOUNTAIN, North Carolina and the County of Buncombe, North Carolina, Plaintiffs, v. LEXON INSURANCE COMPANY and Bond Safeguard Insurance Company, Defendants.

Court of Appeals of North Carolina.

December 16, 2014.

Attorney(s) appearing for the Case

Cannon Law, P.C., by William E. Cannon, Jr. and Ronald E. Sneed, P.A., by Ronald E. Sneed , Black Mountain, for plaintiffs-appellees.

Shumaker, Loop & Kendrick, LLP, Charlotte, by William H. Sturges and Daniel R. Hansen , or defendants-appellants.

The Town of Black Mountain, North Carolina ("the Town") and the County of Buncombe, North Carolina ("the County") (collectively "plaintiffs") filed suit against Lexon Insurance Company and Bond Safeguard Insurance Company ("defendants") seeking to enforce a series of subdivision performance bonds. The trial court entered...

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