Subrogor


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Subrogor

A party that transfers a claim or legal right to another party. This is often associated with the transfer of the right to be repaid for a debt from one person to another. That is, a creditor can give or sell his/her right to a debt to some third party. In this case, the creditor is the subrogor. See also: Forfaiting, Subrogee.
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(193.) The practice of a subrogor being the party plaintiff in a case in which they had no interest and no control has been around for a while.
In other words, if you are in a State that does not allow for the recovery of depreciation of property against a third-party tortfeasor, neither you as the subrogee nor your insured as subrogor could make a claim against the tortfeasor for the depreciation.
The court also stated that subrogation has the effect of removing the subrogor's, the contractor's, interest in those funds.