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Dwyer v. Ins. Co. (In re Pihl, Inc.)

Dwyer v. Ins. Co. (In re Pihl, Inc.)

Ruling
Sureties’ equitable subrogation claim arose when the sureties became legally obligated. (Bankr.D. Mass.)
Issue(s)
Did sureties’ equitable subrogation claim arise upon making payments or upon incurring a legal obligation to pay?

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Commercial opinion summary, case decided on September 26, 2016 , LexisNexis #1016-079