Legal Opinion

Stewart Title Guaranty Co. v. Sterling

Texas Supreme Court

Decided February 12, 1992No. C-8910PublishedCited by 870 opinions

1Opinion of the Court

OPINION

GONZALEZ, Justice.

The principal issue on which we focus in this case is whether a defendant who is found liable for violating Art. 21.21, § 16 of the Texas Insurance Code can reduce liability by setting off against the amount of damages the amount of a settlement entered into by co-defendants. The nonset-tling defendant, Stewart Title Guaranty Company, sought a credit based on the “one satisfaction rule.” This doctrine was first articulated in Texas in Bradshaw v. Baylor University, 84 S.W.2d 703, 705 (Tex.1935), and its purpose is to limit an injured party to a single satisfaction for…

2Cases cited39 opinions

  1. Duncan v. Cessna Aircraft Co.Texas Supreme Court · 1984
  2. American Society of Mechanical Engineers, Inc. v. Hydrolevel Corp.Supreme Court of the United States · 1982
  3. Stone v. Lawyers Title Ins. Corp.Texas Supreme Court · 1977
  4. Smith v. BaldwinTexas Supreme Court · 1980
  5. The Flintkote Company, a Corporation v. Elmer Lysfjord and Walter R. Waldron, Doing Business as Aabeta Co.Court of Appeals for the Ninth Circuit · 1957

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3Cited by870 opinions

  1. Tony Gullo Motors I, L.P. and Brien Garcia v. Nury ChapaTexas Supreme Court · 2006
  2. Crown Life Insurance Company v. CasteelTexas Supreme Court · 2000
  3. Rohrmoos Venture, Eric Langford, Dan Basso, and Tobin Grove v. Utsw DVA Healthcare, LlpTexas Supreme Court · 2019
  4. Byron D. Neely, Individually, and Byron D. Neely, M.D., P.A. v. Nanci Wilson, CBS Stations Group of Texas, L.P., D/B/A Keye-Tv and Viacom, Inc.Texas Supreme Court · 2013
  5. Texarkana Memorial Hospital, Inc. v. MurdockTexas Supreme Court · 1997

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