Trustees of the Plumbers & Pipefitters Union Local 525 Health & Welfare Trust Plan v. Developers Surety & Indemnity Co. , 120 Nev. 56 ( 2004 )


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  • Maupin, J.,

    concurring in part and dissenting in part:

    I concur in the result reached by the majority. I write separately to note my concern with the majority’s speculations regarding a bonding company’s investment strategies. There is no support in this record for the proposition that sureties might withhold settlement commitments based upon their abilities to invest reserved funds at a rate of return greater than the legal rate of interest.

Document Info

Docket Number: 40060

Citation Numbers: 84 P.3d 59, 120 Nev. 56, 120 Nev. Adv. Rep. 10, 2004 Nev. LEXIS 10

Judges: Maupin

Filed Date: 2/17/2004

Precedential Status: Precedential

Modified Date: 11/12/2024