Economic Harm Torts Posts
Restatement of the Law Third, Torts: Liability for Economic Harm – Now Available
Ward Farnsworth, Pauline Toboulidis and Jennifer MorinigoRestatement of the Law Third, Torts: Liability for Economic Harm, completes the fourth installment of the Restatement Third of Torts. This Restatement, for which Dean Ward Farnsworth of the University of Texas at Austin School of Law served as Reporter, covers four principal areas of tort law: unintentional infliction of economic loss, liability for fraud, interference with economic interests, and misuse of legal procedure.
Cal. Supreme Court Cites Restatement 3d Torts: Liability for Economic Harm
Lauren KlosinskiThe California Supreme Court cited the Restatement of the Law Third, Torts: Liability for Economic Harm in its recent decision involving the issue of whether a gas company had a tort duty to guard against purely economic losses.
Reporters’ Perspective
Ward Farnsworth, Kyle D. Logue and Jennifer MorinigoTwo Restatement projects, Economic Harm Torts and Liability Insurance, were reviewed and approved for the final time by ALI membership at the 2018 Annual Meeting, marking the completion of both projects.
Restatement of the Law Third, Torts: Liability for Economic Harm Approved
Pauline ToboulidisAt today’s 95th Annual Meeting, members of The American Law Institute voted to approve Tentative Draft No. 3 of Restatement of the Law Third, Torts: Liability for Economic Harm. Today’s vote marks the completion of this project.
Interference with Contract
Ward Farnsworth and Pauline ToboulidisWhen is it a tort to interfere with somebody else’s contract? In this video, project Reporter Ward Farnsworth discusses the development of the tort of interference with economic interests since the Restatement Second of Torts.
Economic Loss Doctrine
Ward FarnsworthProject Reporter Ward Farnsworth discusses economic loss in the Economic Harm Torts video below.
Interference with Economic Relationships
Ward FarnsworthEconomic Harm Torts Project Reporter Ward Farnsworth discusses interference with economic relationships in the video below.
January Council Meeting Updates
Jennifer MorinigoAt its meeting in Philadelphia on January 18 and 19, the Council reviewed drafts for several projects, with the following outcomes:
Reflection on Collective Thought
Ward FarnsworthI consider a Restatement in general to be an exercise in harnessing collective wisdom, not the wisdom of a Reporter. It’s an attempt to gather the collective wisdom of the courts in this country on various difficult questions, and the collective wisdom of the bench, the bar, and the legal academy in making sense out of what the courts have said.
Beaman seeks high court review of malicious prosecution claim
Edith Brady-LunnyAlan Beaman has asked the Illinois Supreme Court to review his claim that Normal police inappropriately urged prosecutors to charge him with murder in the death of his former girlfriend, a charge the state later dismissed following his release from prison and exoneration.