What does Collateral Estoppel mean? Read on to discover the definition & meaning of the term Collateral Estoppel - to help you better understand the language used in insurance policies.
Issues that were actually litigated between two parties may operate as an "estoppel" as to those issues in other litigation. For example, a truck is shown to be defective in design due to placement of its fuel tank. Collateral estoppel might prevent this same issue of defect being litigated over and over again in subsequent trials. This is a key consideration when the same issue is being litigated in different cases all around the country.
We hope the you have a better understanding of the meaning of Collateral Estoppel.