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Phoenix Insurance Company v. Iacona

United States Court of Appeals, Third Circuit
Jan 24, 1962
298 F.2d 638 (3d Cir. 1962)

Opinion

No. 13674.

Argued December 21, 1961.

Decided January 24, 1962.

John J. Corcoran, Jr., Jersey City, N.J. (Ralph Grasso, Jersey City, N.J., on the brief), for defendant-appellant.

Myron Engelman, New York City (Engelman Hart, New York City, Attorneys for Plaintiff-Respondent, Henry H. Abrams, New York City, on the brief), for plaintiff-respondent.

Before McLAUGHLIN, KALODNER and HASTIE, Circuit Judges.


The dispositive question on this appeal is whether the district judge abused his discretion in refusing to charge appellee with interest on the amount due on its payment bond from the date of filing suit until the cash was paid into court. Despite the impressive argument on behalf of appellant, under the facts we must conclude that the district judge acted within his discretion in deciding as he did.

The judgment of the district court will be affirmed.


Summaries of

Phoenix Insurance Company v. Iacona

United States Court of Appeals, Third Circuit
Jan 24, 1962
298 F.2d 638 (3d Cir. 1962)
Case details for

Phoenix Insurance Company v. Iacona

Case Details

Full title:PHOENIX INSURANCE COMPANY, Plaintiff-Respondent, v. Guy B. IACONA, etc.…

Court:United States Court of Appeals, Third Circuit

Date published: Jan 24, 1962

Citations

298 F.2d 638 (3d Cir. 1962)

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