Developers Surety and Indemnity Company v. Renew Maintenance & Construction, Inc.

CourtDistrict Court, S.D. Alabama
DecidedOctober 5, 2018
Docket1:17-cv-00495
StatusUnknown

This text of Developers Surety and Indemnity Company v. Renew Maintenance & Construction, Inc. (Developers Surety and Indemnity Company v. Renew Maintenance & Construction, Inc.) is published on Counsel Stack Legal Research, covering District Court, S.D. Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Developers Surety and Indemnity Company v. Renew Maintenance & Construction, Inc., (S.D. Ala. 2018).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF ALABAMA SOUTHERN DIVISION

DEVELOPERS SURETY AND ) INDEMNITY COMPANY, ) Plaintiff, ) ) vs. ) CIVIL ACTION 1:17-00495-KD-N ) RENEW MAINTENANCE & ) CONSTRUCTION, INC., et al., ) Defendants. )

ORDER This matter is before the Court on Plaintiff's motion for summary judgment (Doc. 47), Defendants' Response (Doc. 57), and Plaintiff's Motion to Strike (Doc. 58) and Reply (Doc. 59). I. Findings of Fact1 This dispute stems from an indemnity agreement executed between Plaintiff Developers Surety and Indemnity Company (DSIC) and Defendants, Renew Maintenance & Construction, Inc., Tim Reynolds and Deborah Reynolds (Defendants, RMC or the Reynolds/Indemnitors). Specifically, on January 29, 2015, DSIC (the construction surety), RMC (the bonded Principal), and personal guarantors the Reynolds (the Indemnitors), executed a contract to indemnify DSIC against any and all losses and/or expenses incurred in connection with DSIC's issuance of payment and performance bonds on behalf of RMC. (Doc. 47-1 at 90-98) (Ex. H to Aff. Schildbach)). Loss is defined, in part, in the contract as: "l[i]ability incurred or amounts paid in satisfaction or settlement of all claims, demands, damages, costs, lawsuits, legal….awards or

1 The facts are taken in the light most favorable to the non-movant. Tipton v. Bergrohr GMBH– Siegen, 965 F.2d 994, 998-999 (11th Cir. 1992). The “facts, as accepted at the summary judgment stage of the proceedings, may not be the actual facts of the case.” Priester v. City of Riviera Beach, 208 F.3d 919, 925 n. 3 (11th Cir. 2000). judgments relating to Principal's [RMC's] actual or alleged nonperformance of any obligation covered by a Bond." (Doc. 47-1 at 90). Article 2 (Indemnification) provides as follows: Indemnitors agree to fully and continuously indemnify Surety against any and all Loss or expenses of every kind or nature, including, without limitation, those incurred: (i) by reason of having executed or procured the execution of any Bond, (ii) by reason of the failure of any Indemnitor to perform or comply with the covenants and conditions of this Agreement, and (iii) enforcing any of the covenants and conditions of this Agreement. Also, indemnitors agree to indemnify Surety against the fees and disbursements of counsel whether on salary, retainer or otherwise. *** Surety may at its sole and absolute discretion pay, compromise, defend, settle, investigate, appeal or otherwise handle or resolve any claim, demand, suit, arbitration demand, judgment, award or expense arising out of or related to any Bond. Any such act or decision by the Surety is binding upon and ratified by Indemnitors and any cost, expense or payment incurred or made by the Surety shall be a Loss covered by this Agreement. An itemized statement, sworn to by any employee of the Surety, or a copy of a check or draft or other evidence of such payment or compromise, shall be prima facie evidence of the fact and amount of any Loss and the liability of Indemnitors for it under this Agreement.

(Id. at 91). Article 3 (Collateral Reserve) provides that the Indemnitors agreed to certain contractual obligations such as agreeing to -- immediately and upon demand -- collateralize DSIC: ….Surety may demand a collateral reserve in a dollar amount which the Surety in its sole discretion determines is adequate. Immediately upon demand, and whether or not Surety has made any payment or incurred an actual Loss to date, Indemnitors shall deposit collateral with Surety in an amount equal to the collateral reserve demanded….If Indemnitor neglects, refuses or otherwise fails to deposit the demanded collateral reserve Surety may seek a mandatory injunction to specifically enforce Indemnitors' agreement to honor a collateral reserve demand. Surety may also seek any other available remedy at law or in equity.….

(Id.) Article 5 (Default) provides that Indemnitor "shall be in default" upon the occurrence of certain events, including: "breach of, or failure, refusal or inability to perform any contract or other obligation covered by a Bond[;]"Indemnitor's failure "to perform, or comply with, any of the terms, covenants and obligations" of the contract; etc. (Id. at 92). On April 28, 2015, non-party Independent Living Center Building Co., Inc. (ILC) (owner) executed a "Standard Form of Agreement Between Owner and Contractor for a Project of Limited Scope" with RMC (contractor), to perform work at the Independent Living Center of Mobile, in Mobile, Alabama. On April 29, 2015, surety DSIC issued a Performance Bond and Payment Bond (#461771) on behalf of principal RMC, with ILC as obligee, for this project.2 (Doc. 47-1 at 8-16 (Ex. A to Aff. Schildbach)). Thereafter, disputes arose between RMC and ILC. On April 25,

2016, ILC issued a Construction Contract Termination notice letter to RMC, terminating RMC's right of performance under the contract. (Doc. 47-1 at 17-19 (Ex. B to Aff. Schildbach)). ILC also asserted a claim against DSIC under the Performance Bond. (Id.) DSIC denied ILC's Performance Bond claim and filed a declaratory judgment action on August 11, 2016 in this Court (CV 16-340). (Doc. 47-1 at 20-34 (Ex. C to Aff. Schildbach)). In response, ILC asserted a counterclaim against DSIC and RMC. On March 30, 2017, DSIC made a formal demand (via letter) for both Article 2 indemnification and for Article 3 satisfaction of collateral obligations on Defendants, which was refused. (Doc. 47-1 at 5 (Aff. Schildbach); Doc. 47-1 at 100-105 (Ex. I to Aff. Schildbach)). On April 13, 2017 DSIC participated in medication with ILC. On October 25, 2017, ILC and DSIC executed a settlement agreement -- DISC paid ILC approximately $400,000

in return for a full and final release of all claims against it under the Performance Bond. (Doc. 41 at 3; Doc. 47-1 at 71-77 (Ex. E to Aff. Schildbach)). Thereafter, DSIC initiated the current litigation to enforce the indemnification contract with Defendants and to recover $743,364.38 for the losses/expenses incurred due to Defendants' alleged non-performance: 1) $416,509.95 -- comprised of the $400,000 settlement and $16,509.95 paid to Thyssenkrupp Elevator, Inc. from the prior litigation (CV 16-430); 2) $277,369 through October 31, 2017 for the cost of consultants and attorneys; and 3) additional lost adjustment

2 As a condition precedent to issuance of the bonds, Indemnitors individually, jointly and severally, executed the January 2015 indemnity agreement. expenses it will continue to incur for payments which have not yet been made but for which it remains obligated. In this case, DSIC alleges four (4) claims against the Defendants as follows: 1) breach of indemnity contract against the Indemnitors (Count I); 2) breach of statutory indemnity against the Principal RMC (Count II) (Ala. Code § 8-3-5);3 3) common law indemnification against

the Principal RMC (Count III); and 4) unjust enrichment against the Indemnitors (Count IV). II. Motion to Strike Per Rule 56 of the Federal Rules of Civil Procedure, motions to strike “material” on summary judgment have been inappropriate since 2010. Rule 56(c)(2) provides that instead, “[a] party may object that the material cited to support or dispute a fact cannot be presented in a form that would be admissible in evidence[ ]” -- meaning that: …The objection functions much as an objection at trial, adjusted for the pretrial setting.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Transamerica Ins. Co. v. Avenell
66 F.3d 715 (Fifth Circuit, 1995)
American Civil Liberties Union v. Barnes
168 F.3d 423 (Eleventh Circuit, 1999)
Priester v. City of Riviera Beach
208 F.3d 919 (Eleventh Circuit, 2000)
Villano v. City of Boynton Beach
254 F.3d 1302 (Eleventh Circuit, 2001)
Hallmark Developers, Inc. v. Fulton County, GA
466 F.3d 1276 (Eleventh Circuit, 2006)
Bivins v. Wrap It Up, Inc.
548 F.3d 1348 (Eleventh Circuit, 2008)
Auto-Owners Insurance v. Southeast Floating Docks, Inc.
571 F.3d 1143 (Eleventh Circuit, 2009)
Hensley v. Eckerhart
461 U.S. 424 (Supreme Court, 1983)
Blum v. Stenson
465 U.S. 886 (Supreme Court, 1984)
City of Riverside v. Rivera
477 U.S. 561 (Supreme Court, 1986)
Missouri v. Jenkins Ex Rel. Agyei
491 U.S. 274 (Supreme Court, 1989)
Dowdell v. City of Apopka, Florida
698 F.2d 1181 (Eleventh Circuit, 1983)
Liberty Mut. Ins. v. AVENTURA ENGINEERING & CONST.
534 F. Supp. 2d 1290 (S.D. Florida, 2008)
Shaffer v. Regions Financial Corp.
29 So. 3d 872 (Supreme Court of Alabama, 2009)
Lifestar Response of Alabama, Inc. v. Admiral Insurance Co.
17 So. 3d 200 (Supreme Court of Alabama, 2009)

Cite This Page — Counsel Stack

Bluebook (online)
Developers Surety and Indemnity Company v. Renew Maintenance & Construction, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/developers-surety-and-indemnity-company-v-renew-maintenance-alsd-2018.