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Under joint and several liability or (in the U.S.) all sums, a plaintiff (claimant) is entitled to claim an obligation incurred by any of the promisors from all of them jointly and also from each of them individually. Thus the plaintiff has more than one cause of action: if she pursues one promisor and he fails to pay the sum due, her action is ...
Generally, full payment to any of the solidary obligees extinguishes the obligation. A common example of solidary obligations for the obligees is a joint bank account; when two or more names are on an account, they are obligees of the bank's obligation to make funds available on demand.
I know in Washington state at least, there's a variation in which defendants may only be held jointly and severally liable if the plaintiff is not at fault. If the plaintiff is partially at fault, joint and several liability does not apply. Someone who knows this area of law better than I do should add this into the "variations" section.
In situations where joint and several liability is engaged, contribution claims between parties are governed by the operation of the Civil Liability (Contribution) Act 1978, but, in addition there remain several equitable principles developed by the chancery division of the English Courts that are thought to remain in effect. [3]
Joint vs. separate: Can both be the best way to bank?. Many couples find that a blend of joint and separate accounts offers the best of both worlds. This “yours, mine and ours” approach ...
A close equivalent to limited liability partnerships under Polish law is the spółka partnerska, where all partners are jointly and severally liable for the partnership's debts apart from those arising from another partner's misconduct or negligence. This partnership type is only addressed to representatives of some "high risk" occupations ...
Generally, most married couples file taxes jointly, but for some couples, filing separately might help them avoid the so-called marriage penalty. Credit: Getty Images (emmgunn via Getty Images)
In a traditional limited partnership, the general partners are jointly and severally liable for their debts and obligations. Limited partners are not liable for those debts and obligations beyond the number of their capital contributions.