One Hundred Ninth Legislature - First Session - 2025 Introducer€s Statement of Intent LB416 € Chairperson: Senator Carolyn Bosn Committee: Judiciary Date of Hearing: February 27, 2025 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: The Nebraska Supreme Court held in Tadros v. City of Omaha that when multiple defendants are jointly and severally liable, the joint and several liability is destroyed when settling with and releasing one or more co-defendants leaves only one defendant liable. € LB416 reverses this decision by clarifying that a release, covenant not to sue or similar agreement entered into by a claimant and a person liable does not abrogate the joint and several liability of remaining persons liable. € Principal Introducer:________________________________ Senator George Dungan - 1 -