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Cross-Claim |
Also found in: Wikipedia | 0.01 sec. |
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A demand made in a Pleading against another party on the same side of the lawsuit. For example, a manufacturer of desks shipped thirty desks to a buyer by truck. When the buyer refused to pay because the desks arrived in a damaged condition, the manufacturer sued both the buyer and the trucking company. The buyer did not know whether the manufacturer or the trucking company was responsible for the damage, so the buyer served an answer containing a denial that he owed money to the manufacturer for unusable desks and a cross-claim demanding that the trucking company compensate him for the damage to the desks. A counterclaim is comparable to a cross-claim except that it is a claim against an adverse party in the lawsuit, not a party on the same side of the lawsuit. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Subrogation Partners' Total Outsourcing Solution programs incorporate multiple product lines and practice areas, including forensic review of closed files; administering referrals and file overflow projects; matters relating to arbitration / cross-claim and litigation; and a proprietary capital product designed to meet the needs of carriers that seek the immediate benefits of outright selling entire portfolios of subrogation claims. NASDAQ pink sheets: PNNX) today announced that on May 14, 2004 it filed a motion to conduct discovery on its Cross-Claim against Smithfield Foods, Inc. NASDAQ pink sheets: PNNX) today announced it has filed a thirteen count Cross-Claim against Smithfield Foods, Inc. |
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