Concurrent Liability
/kənˈkɜːrənt laɪəˈbɪləti/
Definitions
- (n.) Liability shared by two or more parties who are independently responsible for the same obligation or harm.
The court held that both companies bore concurrent liability for the environmental damages.
Related terms
See also
Commentary
Concurrent liability involves multiple parties being independently liable for the same legal obligation, often affecting how damages are apportioned or enforced against them.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.