ROBERTS, Justice.
The sole question here is whether an insurance company must be joined as a party plaintiff in a suit by the insured against a third party tort-feasor where the insurance company has advanced to the insured, by means of a "loan receipt" transaction, an amount equal to the insured's loss and for which the suit against the third party is being prosecuted.
The loan receipt agreement in the instant case was of a type which appears to be in general...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.