Establishing Credit Rights from Applicant’s Third-Party Settlement
GREGORY F. JOHNSEN, ESQ.
Sherman Oaks, California
So you have participated in a third-party action that has resolved or have learned that the applicant has obtained a settlement, judgment, or award in a third-party action. Now what? What does this information mean for the workers’ compensation case?
A recovery by an applicant/claimant in a third-party action will generally afford the employer/workers’ compensation carrier credit rights against future compensation obligations.