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Non-Settling Parties Remain On The Hook: Clarification Of BC Ferry Agreements - Insurance

Recently, in Navigator], the B.C. Supreme Court clarified the effect of a BC Ferry Agreement, on the joint and several liability of remaining non-settling parties. A BC Ferry Agreement is where, in a multi-party proceeding, the plaintiff and one or more defendants agree to settle and the plaintiff agrees not to recover from the non-settling defendant(s) any portion of the loss ultimately attributable to the settling defendant(s). The Court in Navigator confirmed that when a BC Ferry Agreement ...
United Kingdom Justice Abella Ferry Corp International Corp Bc Supreme Court Sable Offshore Energy Inc
Source: mondaq.com

BC Ferries Agreements: Joint And Several Liability Remains Between Non-Settling Parties - Real Estate and Construction

A BC Ferries Agreement gives one or more defendants an opportunity to settle out of a multi-party proceeding on the plaintiffs agreement to forego recovery of any portion of the loss ultimately attributable to the settling parties from the non-settling defendants. How does this affect the parties that remain in the action? Are they jointly, severally, or jointly and severally liable as between them? In The Owners of Strata Plan KAS3204 v Navigator Development Corporation,2020 BCSC 1954, Madam...
United Kingdom Justice Warren Navigator Development Considerations Of The Court British Columbia Ferry Corp Greyback Construction Ltd
Source: mondaq.com

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