First Title Co. of Waco v. Garrett

860 S.W.2d 74 (1993)

FIRST TITLE COMPANY OF WACO and Alamo Title Insurance of Texas, Petitioners,

v.

Charles GARRETT and Dorinda Garrett, Respondents.

No. D-0621.

Supreme Court of Texas.

June 9, 1993.

Rehearing Overruled September 29, 1993.

R. Michael Garrett, Dallas, for petitioner.

Greg White and Andy McSwain, Waco, for respondents.

OPINION

SPECTOR, Justice.

In this cause we consider the circumstances in which a non-settling defendant, faced with an adverse judgment, may claim a credit for amounts received by the plaintiff in settlement of a separate lawsuit. Applying the "one satisfaction" rule, this…