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READING TUBE CORP. v. EMPLOYERS INS. OF WAUSAU

No. 95-CV-6301.

944 F.Supp. 398 (1996)

READING TUBE CORPORATION, Plaintiff, v. EMPLOYERS INSURANCE OF WAUSAU, Defendant.

United States District Court, E.D. Pennsylvania.

October 22, 1996.

Attorney(s) appearing for the Case

Ronald L. Williams and Alan N. Harris, Stevens & Lee, Reading, PA, for Plaintiff.

Bruce L. Phillips, Venzie, Phillips & Warshawer, Philadelphia, PA, for Defendant.

MEMORANDUM AND ORDER

JOYNER, District Judge.

INTRODUCTION

This diversity action concerns an alleged breach of a performance bond. The plaintiff is Reading Tube Corporation ("Reading Tube"), a Pennsylvania company that contracted to purchase an industrial furnace from Advanced Furnace Technology, Inc. ("AFTEC"), another Pennsylvania company, in the fall of 1992. In December 1992, Defendant Employers Insurance of Wausau ("Wausau"), a Wisconsin...

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