direct action

direct action.

1. A lawsuit by an insured against his or her own insurance company rather than against the tortfeasor and the tortfeasor’s insurer.

2. A lawsuit by a person claiming against an insured but suing the insurer directly instead of pursuing compensation indirectly through the insured. [Cases: Insurance 3542. C.J.S. Insurance §§ 1407–1413, 1523, 1642.]

3. A lawsuit to enforce a shareholder’s rights against a corporation. Cf. DERIVATIVE ACTION(1). [Cases: Corporations 202. C.J.S. Corporations §§ 397–398, 401, 411.]


专业法律词汇 词条贡献者
译者Paloma,毕业于英国一流的高级翻译学院,擅长翻译各种与投资基金相关的法律文件。
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