settlement first method

settlement-first method. A means by which to apply a settlement credit to a jury verdict, by first reducing the amount of the verdict by subtracting the amount of all settlements the plaintiff has received on the claim, then reducing the remainder by the percentage of the plaintiff’s comparative fault. See SETTLEMENT CREDIT. Cf. FAULT-FIRST METHOD. [Cases: Damages 63. C.J.S. Damages §§ 169–171.]

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词条贡献者

双语律师李黎，国际知名法学院法律专业，擅长翻译各类与消费者金融诉讼相关的法律文件。