Contracts Keyed to Farnsworth
Peacock Construction Co. v. Modern Air Conditioning, Inc
The Petitioner was the general contractor of a condominium project. Modern subcontracted with the Petitioner to do heating and air conditioning work and Overly subcontracted with the Petitioner to do the rooftop swimming pool work. Both subcontracts promised payment within 30 days of completion of the subcontract work. The Respondents completed their work, but the Petitioner refused to pay. The owners of the condominium, having filed bankruptcy, did not pay the Petitioner, so the Petitioner asserted that it was not obligated to pay the subcontractors. The trial court granted summary judgment against the Petitioner.
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