[Download] "Sage Street Associates v. Northdale Construction Company" by Fourteenth District, Houston Court of Appeals of Texas " Book PDF Kindle ePub Free

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eBook details

Title: Sage Street Associates v. Northdale Construction Company
Author : Fourteenth District, Houston Court of Appeals of Texas
Release Date : January 25, 1991
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 72 KB

Description

Appellant (Sage) and appellee (Northdale) brought separate actions against each other under a construction contract. The two actions were consolidated. A jury found that Sage had wrongfully terminated Northdale, that Northdale did not breach its agreement with Sage, and that Federal Insurance Company, Northdales bonding agent, did not fail to perform its obligations under the performance bond. The court awarded Northdale $2,491,110 plus six percent prejudgment interest. The judgment is modified to reflect a ten percent prejudgment interest rate and the remainder of the judgment is affirms.