Sentences with phrase «from multiple claimants»

In situations where the total amount of property damage from multiple claimants is going to exceed the liability limits of the responsible party, that party's insurance company will offer a pro-rated settlement amount to each of the claimants for their damages.

Not exact matches

Just like any other type of law firm, if the partners in a combined licensee partnership or MDP were purchasing their insurance from different carriers there would potentially be inconsistency in the coverage provided (such as innocent party coverage) and there would always be a benefit to claimants to name many firm members in order to access multiple policies.

She has advised in particular in large high profile multi party claims from the Financial Compensation Scheme defending independent financial advisors and in bringing a claim by multiple claimants in regard to complicated financial pension advice against various financial institutions and IFAs.

R (Sanneh) v Secretary of State for Work and Pensions [2015] 3 WLR 1867 Represents defendants to multiple challenges to regulations which remove benefits entitlement from claimants with a right of residence under the CJEU ruling in Zambrano.

An interpleader is a legal device whereby a stakeholder (the broker holding the deposit) who may be exposed to multiple liability as a result of adverse claims, may commence a lawsuit involving the claimants, effectively requiring those parties to adjudicate their claims and discharge the broker from further responsibility with respect to the deposit.