PHILADELPHIA — A New Jersey insurance company is suing John O'Brien and Alan Katz, citing alleged breach of contract.
Arch Insurance Company filed a complaint on April 26 in the U.S. District Court for the Eastern District of Pennsylvania against the defendants, alleging that they failed to comply with with their obligation under the a general indemnity agreement.
According to the complaint, the plaintiff alleges that it has incurred losses in excess of $3 million. The plaintiff holds O'Brien and Katz responsible because the defendants allegedly failed to exonerate and indemnify it from and against any and all losses, costs and expenses and failed to reimburse their expenditures related to a bond in connection with failure to meet the terms of a construction contract.
The plaintiff requests a trial by jury and seeks judgment against defendants in an amount in excess of $3 million, plus interest, costs, attorney's fees and such other relief as the court deems just and proper. It is represented by Patrick R. Kingsley of Straley, Ronon, Stevens & Young LLP in Philadelphia.
U.S. District Court for the Eastern District of Pennsylvania Case number 2:16-cv-01983