Satisfaction and Release, Contribution and Indemnity Flashcards

1
Q

What is Satisfaction of Tort Damages owed?

A

Recovery of full payment is a satisfaction, only one of which is allowed. Until there is satisfaction, one may proceed against all jointly liable parties.

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2
Q

What is a Release of Tort Damages owed?

A

Typically, a release of one tortfeasor does not discharge other tortfeasors unless it is expressly provided for in the release agreement.

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3
Q

What is the rule of Contribution?

A

The rule of contribution allows any tortfeasor who is required to pay more than his share of the damages to pursue a claim against the other jointly liable parties for the excess paid.

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4
Q

What is the rule of Indemnity?

A

Indemnity involves shifting the entire loss between or among tortfeasors, and is available:

(1) where provided by contract;
(2) where one party is vicariously liable for the other;
(3) in strict products liability cases; and
(4) sometimes where there is an identifiable difference in degree of fault.

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5
Q

When are Punitive damages recoverable?

A

Punitive damages are only recoverable if the Defendant’s conduct was malicious or willful

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6
Q

What are the four requirements before recovering tort damages?

A

Tort Damages must be:

(1) Causal (causation is established)
(2) Foreseeable (harm was within the zone of danger posed by breach)
(3) Reasonably Certain (damages are calculable)
(4) Unavoidable (required to mitigate losses)

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