Under the provisions of a Mary Carter or Gallagher agreement, a defendant may end up paying nothing even if they are found liable.

Question

Quizplus · Accepted Answer

In a Mary Carter or Gallagher agreement, a defendant agrees to a settlement with the plaintiff where the defendant's liability is capped, and any amount awarded above that cap is paid by co-defendants, potentially reducing the settling defendant's payment to nothing if the judgment exceeds the agreed amount.

Under the Provisions of a Mary Carter or Gallagher Agreement