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A.J. PROPERTIES, LLC v. STANLEY BLACK AND DECKER, INC.

No. SJC-11424.

469 Mass. 581 (2014)

A.J. PROPERTIES, LLC v. STANLEY BLACK AND DECKER, INC.

Supreme Judicial Court of Massachusetts, Suffolk.

September 5, 2014.

Attorney(s) appearing for the Case

Gerard A. Butler, Jr. (Andrew D. Black with him) for the defendant.

John A. Mavricos for the plaintiff.

Present: IRELAND, C.J., SPINA, CORDY, BOTSFORD, GANTS, DUFFLY, & LENK, JJ.

DUFFLY, J.

At issue in this case is the right to payment under a performance bond issued to secure the obligation of an environmental consulting company to perform environmental remediation of a contaminated site that included land that had been owned by Stanley Black and Decker, Inc. (Stanley). In 2011, A.J. Properties, LLC (A.J. Properties), commenced the underlying action in the Superior Court, contending that it had acquired the rights to payment under the bond...

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