Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

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1 ’s Share 2 ’s Share 3 ’s Share ’s Share Illinois (Coney) New Mexico (Bartlett) UCFA Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30% ’s damages = $1,200,000 2 is missing or insolvent

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Fault allocation: =20%,  1 =10%,  2 =40%,  3 =30% ’s damages = $1,200,000  2 is missing or insolvent. Fault allocation: =20%,  1 =10%,  2 =40%,  3 =30% ’s damages = $1,200,000  2 is missing or insolvent. - PowerPoint PPT Presentation

Transcript of Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

Page 1: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s

Share

2’s

Share3’s Share ’s Share

Illinois (Coney)

New Mexico (Bartlett)

UCFA

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 2: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s

Share

2’s

Share3’s Share ’s Share

Illinois (Coney)

$480,000

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 3: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$480,000

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 4: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $480,00

0

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 5: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) =40% total remaining s’ fault

Page 6: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) =40% total remaining s’ fault

1’s share of that remainder is 1/4=.25

Page 7: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) =40% total remaining s’ fault

1’s share of that remainder is 1/4=.25

.25 • $480,000 = $120,000

Page 8: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share

3’s

Share’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 9: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 +

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 10: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) =40% total remaining s’ fault

Page 11: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) =40% total remaining s’ fault

3’s share of that remainder is 3/4=.75

Page 12: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) =40% total remaining s’ fault

3’s share of that remainder is 3/4=.75

.75 • $480,000 = $360,000

Page 13: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s Share 3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000$360,000 + $360,000 = $720,000

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 14: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett)

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 15: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$480,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 16: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000 $480,00

0

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 17: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 18: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 +

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 19: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 20: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA : uncollectable shares allocated among all remaining parties

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 21: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA: uncollectable shares allocated among all remaining parties

$120,000 +

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 22: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

Page 23: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

1’s share of that remainder is 10/60=1/6

Page 24: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

1’s share of that remainder is 10/60=1/6

1/6 * $480,000 = $80,000

Page 25: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA: uncollectable shares allocated among all remaining parties

$120,000 + $80,000 =$200,000

$480,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 26: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA: uncollectable shares allocated among all remaining parties

$120,000 + $80,000 =$200,000

$480,000

$360,000 +

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 27: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

Page 28: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

3’s share of that remainder is 30/60=1/2

Page 29: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

3’s share of that remainder is 30/60= ½

½ * $480,000 = $240,000

Page 30: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA: uncollectable shares allocated among all remaining parties

$120,000 + $80,000 =$200,000

$480,000

$360,000 + $240,000 =$600,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 31: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 = $240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA: uncollectable shares allocated among all remaining parties

$120,000 + $80,000 =$200,000

$480,000

$360,000 + $240,000 =$600,000

$240,000 +

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent

Page 32: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

Page 33: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

’s share of that remainder is 20/60=1/3

Page 34: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

p’s share of that remainder is 20/60=1/3

1/3 * $480,000 = $160,000

Page 35: Fault allocation: =20%, 1 =10%, 2 =40%, 3 =30%

1’s Share 2’s

Share3’s Share ’s Share

Illinois (Coney) retains J&S: uncollectable shares allocated among remaining s

$120,000 + $120,000 =$240,000

$480,000

$360,000 + $360,000 = $720,000

$240,000

New Mexico (Bartlett) discards J&S: absorbs 2’s share

$120,000$480,00

0

$360,000 $240,000 + $480,000 =$720,000

UCFA: uncollectable shares allocated among all remaining parties

$120,000 + $80,000 =$200,000

$480,000

$360,000 + $240,000 =$600,000

$240,000 +$160,000 = $400,000

Fault allocation: =20%, 1=10%, 2=40%, 3=30%’s damages = $1,200,000 2 is missing or insolvent


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