Collateral estoppel
Term · Insurance and risk management · MLC-T-INS-000815
A doctrine that bars a party from relitigating an issue of fact or law that a court already decided in a prior case, provided the issue was actually litigated and necessary to the judgment. It is also called issue preclusion. In insurance, a finding from a liability suit can bind a party in a later coverage dispute only if that party took part in the first case or was in privity with one that did.
| Identifier | MLC-T-INS-000815 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000815",
"term": "Collateral estoppel",
"field": "Insurance and risk management",
"definition": "A doctrine that bars a party from relitigating an issue of fact or law that a court already decided in a prior case, provided the issue was actually litigated and necessary to the judgment. It is also called issue preclusion. In insurance, a finding from a liability suit can bind a party in a later coverage dispute only if that party took part in the first case or was in privity with one that did.",
"url": "https://mlchart.com/terminology/insurance/collateral-estoppel/"
}
Record 601 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.