In many respects, subrogation can be one of the most challenging aspects of the end-to-end claims process. Perhaps nowhere is this more evident than in the pursuit of complex recoveries, such as those associated with bailment.
According to Blackstone's definition, bailment is of French origin and means "a delivery of goods in trust, upon a contract, express or implied, that the trust shall be faithfully executed on the part of the bailee."
In layman's terms, bailment is the delivery of tangible personal property to a person on the condition that it be returned by the bailee to the bailor as soon as the purpose of the delivery is complete. When thinking of bailment, consider situations involving checking baggage with an airline or leaving your vehicle with a mechanic for repairs.
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