Appellate Division of the Supreme Court of the State of New York June 12, 2008 (Humphreys & Harding, Inc. v. Universal Bonding Insurance)

*325Judgment, Supreme Court, New York County (Karla Moskowitz, J.), entered August 17, 2007, in an action by a general contractor (Humphreys) on a performance bond and a third-party action by the bonding company (Universal) against the subcontractor (Welch), in favor of Universal against Welch in the principal amount of $285,284.