THE TOWN OF PEGRAM v. CORNERSTONE DEVELOPMENT, LLC ET AL. (Tenn. Ct. App. June 14, 2012)
Town of Pegram appeals from the trial court’s decision awarding it no damages in its claims against Cornerstone Development, LLC, the company which constructed the Town’s city hall and surrounding parking lot. Pegram also appeals the trial court’s summary dismissal of National Grange Mutual Insurance Company, which provided the performance bond assuring Cornerstone’s performance. We affirm the trial court’s findings in all respects.
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