Economic Loss Doctrine

Project Reporter Ward Farnsworth discusses economic loss in the Economic Harm Torts video below. One of the achievements in this project so far that I’m most pleased with is that I think it’s brought a lot of clarity to the so called economic loss rule or...

The Economic Loss Rule

The emergence and evolution of the economic loss rule is the most important development of the past generation in the American common law of torts. It has also been the most confusing development. Courts have struggled to define the rule and have assigned it different...