A prior post on Reynolds v. Achem Prods., Inc. garnered several important comments regarding the case. In one of those comments, the term Mary Carter agreement was used. What is a Mary Carter agreement?
The term is derived from a 1967 Florida District Court of Appeal case named Booth v. Mary Carter Paint Co. (see here and here). The term "Mary Carter agreement" was coined in a 1973 Supreme Court of Florida decision, Ward v. Ochoa, in which the Court defined the agreement as " a contract by which one co-defendant secretly agrees with the plaintiff that, if such defendant will proceed to defend himself [or herself] in court, his [or her] own maximum liability will be diminished proportionately by increasing the liability of the other co-defendants."
Unfortunately, I cannot find public domain versions of either decisions.