Frankenmuth Mutual Insurance Company v. Firefly Builders, Inc. et al, No. 5:2022cv05079 - Document 12 (D.S.D. 2022)

Court Description: OPINION AND ORDER granting 4 Motion for Preliminary Injunction. Signed by Chief Judge Roberto A. Lange on 10/18/2022. Mailed Order via Certified Mail to address listed in the Return of Service (Dkts 8-11) for all defendants. (VMM)

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Frankenmuth Mutual Insurance Company v. Firefly Builders, Inc. et al Doc. 12 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 1 of 12 PageID #: 127 UNITED STATES DISTRICT COURT DISTRICT OF SOUTH DAKOTA WESTERN DIVISION FRANKENMUTH MUTUAL D4SURANCE 5:22-CV-05079-RAL COMPANY,A MICHIGAN CORPORATION; Plaintiff, OPINION AND ORDER GRANTING AND ENTERING PRELIMINARY INJUNCTION vs. FIREFLY BUILDERS, INC., WAYNE KOISTINEN, ROSEANNE KOISTINEN, LARRY KOISTINEN, Defendants. Frankenmuth Mutual Insurance Company ("Frankenmuth") sued Defendants Firefly Builders, Inc.("Firefly"), Wayne, Roseanne, and Larry Koistinen (eolleetively "Defendants")for violating an indemnification contract. Doc. 1. Frankenmuth filed a motion for preliminary injunction, claiming that Defendants' actions were causing it irreparable harm. Doc. 4. For the reasons set forth below, this Court grants Frankenmuth's motion for a preliminary injunction. I. Facts Frankenmuth provides surety bonds to construction contractors; Firefly Builders, Inc., is / ' such a business. Doc. 1 5-6. Prior to issuing performance or payment bonds, Frankenmuth requires its bonded principals to sign a General Agreement ofIndemnity ("Indemnity Agreement" or "Agreement"). Doc. 5 at 2; Doc. 5-1. On or about October 11, 2021, Defendants signed the Indemnity Agreement. Doe. 1 8-10; Doc. 1-1 at 8; Doc. 5 at 2; Doc. 5-1 at 8. Firefly signed the Indemnity Agreement as a corporate indemnitor and Wayne, Roseanne, and Larry Koistinen 1 Dockets.Justia.com Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 2 of 12 PageID #: 128 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 3 of 12 PageID #: 129 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 4 of 12 PageID #: 130 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 5 of 12 PageID #: 131 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 6 of 12 PageID #: 132 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 7 of 12 PageID #: 133 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 8 of 12 PageID #: 134 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 9 of 12 PageID #: 135 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 10 of 12 PageID #: 136 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 11 of 12 PageID #: 137 Case 5:22-cv-05079-RAL Document 12 Filed 10/18/22 Page 12 of 12 PageID #: 138

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