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MGN Constructors Inc. v. AXA Pacific Insurance Co., [2013] A.R. Uned. 285
1 cases
MGN Constructors Inc v AXA Pacific Insurance Company, 2018 ABQB 631
"...by Graesser, J, albeit in a different context, bonding companies are not insurers (MGN Constructors Inc v AXA Pacific Insurance Company, 2013 ABQB 216). Consequently, there is no duty of good faith as is often imposed in insurance matters. Regardless, the bond itself permits AXA to raise de..."
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Performance Bonds: What Project Finance Lenders Should Know
"...Ltd v Norem Construction Ltd (1988), 89 AR 81, 60 Alta LR (2d) 289 (QB). But see MGN Constructors Inc v Axa Pacific Insurance Co, 2013 ABQB 216 [MGN 3 See MGN Constructors, supra note 2; Thomas Fuller Construction Co (1958) v Continental Insurance Co (1970), [1973] 3 OR 202, 36 DLR (3d) 336..."
Performance Bonds ' What Do They Really Cover?
"...WWR 213; and Cranbrook (City) v Gabriel Construction (Alberta) Ltd., 2014 BCSC 2280. 5 MGN Constructors Inc. v Axa Pacific Insurance Co., 2013 ABQB 216. 6 Ibid at 7 Vermilion & District Housing Foundation v Binder Construction Limited, 2017 ABQB 365. 8 Ibid at 294. 9 Ibid at 314-315. The co..."
Performance Bonds ' What Do They Really Cover?
"...WWR 213; and Cranbrook (City) v Gabriel Construction (Alberta) Ltd., 2014 BCSC 2280. 5 MGN Constructors Inc. v Axa Pacific Insurance Co., 2013 ABQB 216. 6 Ibid at 7 Vermilion & District Housing Foundation v Binder Construction Limited, 2017 ABQB 365. 8 Ibid at 294. 9 Ibid at 314-315. The co..."
Defence & Indemnity - October 2017: V. SURETY AND BOND ISSUES
"...does not extend to a financial guarantee of the payment of liquidated damages. [298] In MGN Constructors Inc v AXA Pacific Insurance Co, 2013 ABQB 216, 21 CCLI (5th) 10, Graesser J., in obiter favoured the reasoning in Whitby Landmark Development Inc and opined that a surety could not arran..."
Case Summary: Vermilion & District Housing Foundation v Binder Construction Limited
"...does not extend to a financial guarantee of the payment of liquidated damages. [298] In MGN Constructors Inc v AXA Pacific Insurance Co, 2013 ABQB 216, 21 CCLI (5th) 10, Graesser J., in obiter favoured the reasoning in Whitby Landmark Development Inc and opined that a surety could not arran..."
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1 cases
MGN Constructors Inc v AXA Pacific Insurance Company, 2018 ABQB 631
"...by Graesser, J, albeit in a different context, bonding companies are not insurers (MGN Constructors Inc v AXA Pacific Insurance Company, 2013 ABQB 216). Consequently, there is no duty of good faith as is often imposed in insurance matters. Regardless, the bond itself permits AXA to raise de..."
Try vLex and Vincent AI for free
Start a free trialStart Your 3-day Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
-
Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities
-
Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting
Start Your 3-day Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant
-
Access comprehensive legal content with no limitations across vLex's unparalleled global legal database
-
Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength
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5 firm's commentaries
Performance Bonds: What Project Finance Lenders Should Know
"...Ltd v Norem Construction Ltd (1988), 89 AR 81, 60 Alta LR (2d) 289 (QB). But see MGN Constructors Inc v Axa Pacific Insurance Co, 2013 ABQB 216 [MGN 3 See MGN Constructors, supra note 2; Thomas Fuller Construction Co (1958) v Continental Insurance Co (1970), [1973] 3 OR 202, 36 DLR (3d) 336..."
Performance Bonds ' What Do They Really Cover?
"...WWR 213; and Cranbrook (City) v Gabriel Construction (Alberta) Ltd., 2014 BCSC 2280. 5 MGN Constructors Inc. v Axa Pacific Insurance Co., 2013 ABQB 216. 6 Ibid at 7 Vermilion & District Housing Foundation v Binder Construction Limited, 2017 ABQB 365. 8 Ibid at 294. 9 Ibid at 314-315. The co..."
Performance Bonds ' What Do They Really Cover?
"...WWR 213; and Cranbrook (City) v Gabriel Construction (Alberta) Ltd., 2014 BCSC 2280. 5 MGN Constructors Inc. v Axa Pacific Insurance Co., 2013 ABQB 216. 6 Ibid at 7 Vermilion & District Housing Foundation v Binder Construction Limited, 2017 ABQB 365. 8 Ibid at 294. 9 Ibid at 314-315. The co..."
Defence & Indemnity - October 2017: V. SURETY AND BOND ISSUES
"...does not extend to a financial guarantee of the payment of liquidated damages. [298] In MGN Constructors Inc v AXA Pacific Insurance Co, 2013 ABQB 216, 21 CCLI (5th) 10, Graesser J., in obiter favoured the reasoning in Whitby Landmark Development Inc and opined that a surety could not arran..."
Case Summary: Vermilion & District Housing Foundation v Binder Construction Limited
"...does not extend to a financial guarantee of the payment of liquidated damages. [298] In MGN Constructors Inc v AXA Pacific Insurance Co, 2013 ABQB 216, 21 CCLI (5th) 10, Graesser J., in obiter favoured the reasoning in Whitby Landmark Development Inc and opined that a surety could not arran..."