Louisiana Civil Code 2324.2 – Reduction of recovery
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 2324.2
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
A. When the recovery of damages by a person suffering injury, death, or loss is reduced in some proportion by application of Article 2323 or 2324 and there is a legal or conventional subrogation, then the subrogee’s recovery shall be reduced in the same proportion as the subrogor’s recovery.
B. Nothing herein precludes such persons and legal or conventional subrogees from agreeing to a settlement which would incorporate a different method or proportion of subrogee recovery for amounts paid by the legal or conventional subrogee under the Louisiana Worker’s Compensation Act, La. Rev. Stat. 23:1021, et seq.
Acts 1989, No. 771, §1, eff. July 9, 1989.