The Delicate Dance of Partial Settlement Agreement: Pierringer and Mary Carter Agreements
In multi-party litigation, partial settlement agreements allow the plaintiff to settle some of their claims, while maintaining claims against the non-settling defendants. Generally, the plaintiff would achieve partial success and some certainty.
The purpose of this article is to review partial settlement agreements and outline the considerations and risks – take a wrong step and the consequences can be dire and stay the proceeding.
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