real party in interest
Defined in 2 dictionaries — Case Law, Ballentine's (1916)
Definitions from Case Law
From 338 U.S. 366 - United States v. Aetna Casualty & Surety Co. · 1949Most cited · 1,569 citing opinions
Every action shall be prosecuted in the name of the real party in interest; an insurer-subrogee, who has substantive equitable rights, qualifies as such. If the subrogee has paid an entire loss suffered by the insured, it is the only real party in interest and must sue in its own name.
Ballentine's Law Dictionary
James A. Ballentine · 1916
One who is entitled to the avails of a suit. See 22 Neb. 681, 3d N. W. 869.