Court of Appeals for the Fifth Circuit June 17, 1985, 84-1382 (Continental Savings Association v. United States Fidelity and Guaranty Company)

ROBERT MADDEN HILL, Circuit Judge:

Continental Savings Association (Continental) sought indemnity for attorney’s fees and court costs pursuant to the terms of a fidelity bond issued to Continental by the United States Fidelity and Guaranty Company (USF&G). The fees and costs were expended by Continental in defending an action for fraud brought by Fidelity Mortgage Investors (FMI).