Joint and several liability is a legal rule that applies in some states. Under joint and several liability rules, when someone is partly responsible for causing harm, they can be responsible for ...

Most guaranties contain "joint and several" liability provisions, and even if the guaranties are silent on the matter, North Carolina law imposes joint and several liability on guarantors.

What business owners should understand prior to signing a personal guarantee, to limit liability when taking out a loan, and avoiding joint/several liabilites in the Personal Guaranties & Personal ...

Before you sign a personal guarantee for a small-business loan, ... banks usually require business partners to agree to something called joint and several liability, ...

Joint Liability vs. Joint and Several Liability When partners have joint and several liability for a debt, a creditor can sue any of the partners for repayment. It is a variation of joint liability.

In contrast, joint and several liability can shift among partners depending on ability to pay or on whom a jury or judge finds to be most responsible for the loss or damages that occurred.

United States, examined “whether 21 U.S.C. Section 853(a)(1) mandates joint and several liability among co-conspirators for forfeiture of the reasonably foreseeable proceeds of a drug conspiracy.” ...

But the Texas Supreme Court has allowed the imposition of joint and several liability in some other limited circumstances, including where there is an "indivisible injury." In Landers v.

The Pennsylvania Fair Share Act, 42 Pa. C.S. § 7102, enacted in 2011, limits the extent to which a single defendant in a multi-defendant case can be responsible for a judgment.

This is referred to as joint and several liability. On the other hand, a defendant who is found 50% or less at fault for a plaintiff’s injuries can only be held responsible for its share of the ...

The resulting agreement between both chambers announced May 6 incorporates multiple facets of both bills, creating tailor-made joint and several liability reform language specific to bars and taverns.