miller v shugart agreement

Miller v. Shugart agreement. A settlement in which an insured consents to a judgment in favor of the plaintiff, on the condition that the plaintiff will satisfy the judgment only out of proceeds from the insured’s policy, and will not seek recovery against the insured personally. • Although the phrase takes its name from a Minnesota case, it is used in other jurisdictions as well. Miller v. Shugart, 316 N.W.2d 729 (Minn. 1982). [Cases: Insurance 3366.]
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双语律师William,国内知名法学院金融专业,擅长翻译各类与投资基金、投资顾问及金融衍生工具相关的法律文件。
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