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  5. 822 P.2d 925 (1991)
 

COLT IND. v. FRANK W. MURPHY MANUFACTURER

Nos. S-3839, S-3942.

822 P.2d 925 (1991)

COLT INDUSTRIES OPERATING CORPORATION, QUINCY COMPRESSOR DIVISION, Appellant/Cross-Appellee, v. FRANK W. MURPHY MANUFACTURER, INC., a corporation, Appellee/Cross-Appellant.

Supreme Court of Alaska.

December 13, 1991.

Attorney(s) appearing for the Case

Theodore M. Pease, Kristi A. Nelson and Peter J. Maassen, Burr, Pease & Kurtz, Anchorage, for appellant/cross-appellee.

Kenneth M. Rosenstein, Lynch, Crosby & Sisson, Anchorage, for appellee/cross-appellant.

Before RABINOWITZ, C.J., and BURKE, MATTHEWS, COMPTON and MOORE, JJ.

OPINION

MOORE, Justice.

This case stems from a wrongful death claim by the estate of Ralph Howard against Colt Industries Operating Corporation (Colt), a compressor manufacturer. Frank Murphy Manufacturer, Inc. (Murphy), which made a component used in Colt's compressor, was a third party defendant in the underlying claim. Colt negotiated a settlement with the Howard estate which released Murphy, Craig Taylor, Colt's distributor, and itself from liability...

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