OPINION
REDDEN, District Judge:
BACKGROUND
Defendant Nizdil executed an indemnity agreement with plaintiffs Fireman's Fund Insurance Company (Fireman's Fund) and Transamerica Insurance Company (Transamerica). In consideration for signing the indemnity agreements, plaintiffs posted a Public Official Fidelity Bond, as sureties. On August 2, 1988 and September 14, 1988, Multnomah County made demands on...
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