Section 1.36 United States v. L.C. Chapman

• Library: Construction Law 2016 Supp

g. (§1.36) United States v. L.C. Chapman

The United States v. L.C. Chapman, 281 F.2d 862 (10^th Cir. 1960), court reached the same result as the Aquilino v. United States,176 N.E.2d 826 (N.Y. 1961), court in ruling in favor of a subcontractor against the IRS and a bank. The dollars in dispute in Chapman, however, were retainage dollars rather than progress payments. The case involves a private owner and does not involve surety law.

At the conclusion of the job, the owner, Southwestern Bell Telephone...