Illinois Appellate Court Requires Setoff Of High-Low Settlement Payments Even After A Defense Verdict
Because a tort plaintiff in Illinois is entitled to only one satisfaction for an injury, the state’s Joint Tortfeasor Contribution Act (the Act), 740 ILCS 100/0.01, et seq., provides that a settlement from one defendant reduces the amount that the plaintiff may recover from another defendant:
When a release or covenant not to sue or not to enforce judgment is given in good faith to one or more persons liable in tort arising out of the […]