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Keeping The Pierringer Promise: Fair Settlements And Fair Trials, Peter B. Knapp
Keeping The Pierringer Promise: Fair Settlements And Fair Trials, Peter B. Knapp
Faculty Scholarship
This article explores why Perringer releases have failed to promise fairness to the nonsettling defendant. For over thirty years, Pierringer releases have been part of the ebb and flow of civil litigation. In 1978, the Minnesota Supreme Court officially approved the use of Pierringer releases in Minnesota. When first adopted, the release seemed to promise something for everyone. The Pierringer release even offered a promise of fairness to the nonsettling defendant: Be assured that, no matter what the outcome of trial, you will pay no more than your “fair share” of the verdict. Unfortunately, however, largely because of the impact …