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SIATA INTERNATIONAL U.S.A. INC. v. INSURANCE CO. OF NO. AM.

Civ. A. No. 70-3376.

362 F.Supp. 1355 (1973)

SIATA INTERNATIONAL U.S.A. INC. v. INSURANCE COMPANY OF NORTH AMERICA.

United States District Court, E. D. Pennsylvania.

July 23, 1973.

Attorney(s) appearing for the Case

Steven J. Stein, and Steven S. Miller, Philadelphia, Pa., for plaintiff; Schnader, Harrison, Segal & Lewis, Philadelphia, Pa., Proskauer, Rose, Goetz & Mendelsohn, New York, N. Y., of counsel.

Joseph Head, Philadelphia, Pa., for defendant; Swartz, Campbell & Detweiler, Philadelphia, Pa., of counsel.

MEMORANDUM

CLARY, District Judge.

This case is presently before the Court for disposition of defendant's motion for judgment notwithstanding the verdict, or in the alternative, motion for new trial.

The resolution of this case depends primarily, if not exclusively, upon the interpretation of the condition of a surety bond issued by the defendant to the plaintiff which condition reads as follows:

...

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