Developers Surety and Indemnity Co. seeks reimbursement from Parkwood Pointe Associates, others

By Louie Torres | Jan 1, 2018

PITTSBURGH – A California company that issues performance bonds alleges that two entities and an individual have failed to perform their obligations under a bond.

Developers Surety and Indemnity Co. filed a complaint on Dec. 19, 2017, in the U.S. District Court for the Western of Pennsylvania against Parkwood Pointe Associates LLC, Blackwood Pointe Associates LLC and David Cherup citing indemnification and reimbursement.

According to the complaint, in 2002 the plaintiff furnished bonds to M Squared Development with Crescent Township as obligee for a project. The suit states that the defendants executed an indemnity agreement.

The plaintiff holds Parkwood Pointe Associates LLC, Blackwood Pointe Associates LLC and Cherup responsible because the defendants allegedly have failed and refused to perform their obligations to indemnify and hold the plaintiff harmless in connection with the demands of the bond.

The plaintiff seeks judgment against the defendants for damages, expenses, court costs, and any further relief this court grants. It is represented by Paul T. DeVlieger of Devlieger Hilser PC in Philadelphia.

U.S. District Court for the Western District of Pennsylvania case number 2:17-cv-01647-MPK

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