Tommys Elbow Room v. Ralph Kavorkian - Supreme Court of Alaska

Tommys Elbow Room v. Ralph Kavorkian

By Supreme Court of Alaska

  • Release Date - Published: 1988-04-22
  • Book Genre: Law
  • Author: Supreme Court of Alaska
Our rating: 5/5 stars

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Tommys Elbow Room v. Ralph Kavorkian Supreme Court of Alaska read online review & book description:

These wrongful death and tort actions originally involved three defendants: Slicer Corporation ("Slicer"), Richard Pears, and Tommys Elbow Room ("Tommys"). Plaintiffs (collectively "the Kavorkians") settled with Slicer and Pears. Slicer agreed to pay the Kavorkians $538,225 in exchange for a release from any liability for the underlying accident. Pears agreed to the entry of a consent judgment in favor of the Kavorkians in the amount of $1,230,000. This agreement did not contemplate that Pears would pay the Kavorkians this amount; rather, Pears assigned to the Kavorkians his rights against his insurer, Leader National Insurance Company ("Leader National"). In turn, the Kavorkians agreed not to execute against any of Pears assets except the rights assigned against Leader National.

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