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· 2/25/1929

Raiola v. Los Angeles First National Trust & Savings Bank

Citations

  • 133 Misc. 630
  • 233 N.Y.S. 301
  • 1929 N.Y. Misc. LEXIS 688

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • party which settles claims and then seeks indemnification must be able to prove its liability and the reasonableness of its settlement payments
  • a settling party “assumes the risk” of possible unfavorable implications in a subsequent “action against the wrongdoer for indemnity”
  • to recover indemnity where there has been voluntary payment, party paying must himself be legally liable and show that he could have been compelled to satisfy claim

Source: CourtListener parenthetical corpus (CC0).

Judges: Noonan

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.