Indemnity principle
Created by 119.241.254.85 on 22 October 2009, at 04:16
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Indemnity principle Created by 119.241.254.85 on 22 October 2009, at 04:16
From Law wiki, the wiki for law researchThe principle that the purpose of litigation for the Claimant is to achieve compensation, not to make a profit at the expense of the defendant. The claimant should recover what is necessary to effect restitution, and not a penny more. For centuries it has been held that this principle is violated by Contingency fee arrangements, but the restrictions on such arrangements have been relaxed somewhat in the last decade.Contributors This page was last modified on 12 May 2011, at 00:13.This page has been accessed 2,026 times.
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