Harman Patil (Editor)

Pierringer release

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A Pierringer release or Pierringer Agreement is a type of Settlement Agreement. The origin of the case is Pierringer v. Hogan.

Features

it has the following features:

  • the settling defendant’s liability is segregated
  • the satisfaction of the settling defendant’s liability to the credit of all parties to the litigation
  • the plaintiff’s ability to continue with the action against the remaining defendants
  • the plaintiff’s agreement that it will indemnify the settling defendant for any contribution sought from it by the non-settling defendant(s).
  • References

    Pierringer release Wikipedia


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