Allied World Insurance Company v. New Paradigm Property Management, LLC

Good Law
United States District Court, Eastern District of CaliforniaSeptember 26, 20192:16-cv-02992California1,419 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA 10 ALLIED WORLD INSURANCE No. 2:16-cv-02992-MCE-DB COMPANY, a Delaware corporation, 12 Plaintiff, 13 v. ORDER

NEW PARADIGM PROPERTY

MANAGEMENT LLC, a California corporation, and DOES 1 through 20, inclusive, Defendants.

NEW PARADIGM PROPERTY

MANAGEMENT LLC, a California corporation, 20 Plaintiff, 21 v.

ALLIED WORLD INSURANCE

COMPANY, a Delaware corporation, and DOES 1 through 200, inclusive, 24 Defendants. 25 By way of this action, Plaintiff and Counter Defendant Allied World Insurance Company (“Plaintiff”) and Defendant and Counter Claimant New Paradigm Property Management, LLC (“Defendant”) allege various causes of action against each other arising out of the remodeling of a hotel in Rocklin, California. Plaintiff, a surety, issued a performance bond to a contractor, the bond principal, hired by Defendant, a construction project owner and bond obligee. Defendant contends the bond principal defaulted on the underlying construction…

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