Thursday, March 16, 2023 5:55:22 PM
Of relevance to that possibility, liability among multiple wrongdoers (at least in a tort claim setting) is “joint and several.” There the Judgment holder can collect from any wrongdoer to the amount of that defendant’s liability. In practice, the Judgment holder usually goes after the deepest pocket.
So if I’m CDEL (or any other defendant) I’m asking myself, do I really want to expose some of my biggest customers to the defense costs and aggravation of litigation if in the end that’s going to cost me more to defend the claims against my entity (more parties, more claims, more documents, etc) and I probably don’t control or really, limit my company’s ultimate liability?
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