Liability of Warehouseman’s Surety when Warehouseman Acts as Seller and Warehouseman in same Transaction

Describes the United States Court of Appeals for the Fifth Circuit’s decision in Aetna Insurance Co. V. Junction Warehouse Co. In that case, a warehouse’s surety sought a determination of its liability when the warehouse was acting both as a warehouseman and as a seller. The fifth circuit held that the warehouse was acting as a warehouseman and that its surety was liable for breach.