(1) If the amount awarded by a court to multiple claimants exceeds the total amount limited under ORS § 30.480 (1) or (2), the court shall apportion a proper share of that total amount to each claimant to whom ORS § 30.480 (1) or (2) applies.

Terms Used In Oregon Statutes 30.485

  • 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.

(2) If the amount settled upon by multiple claimants exceeds the total amount limited under ORS § 30.480 (1) or (2), any party may apply to any circuit court to apportion a proper share of that total amount to each claimant to whom ORS § 30.480 (1) or (2) applies.

(3) The share apportioned under subsection (1) or (2) of this section to each claimant to whom ORS § 30.480 (1) or (2) applies shall be in the proportion that the ratio of the award or settlement made to the claimant bears to the aggregate awards and settlements for all claims arising out of the occurrence that are made by all claimants to whom ORS § 30.480 (1) or (2) applies.

(4) Nothing in this section or ORS § 30.480 authorizes the issues of insurance coverage or the amount of insurance coverage to be presented to a jury. [1983 c.468 § 3]

 

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