The economic loss rule generally bars tort claims for recovery of economic ... In 2005, the Indiana Supreme Court provided its first extensive analysis of the rule: In sum, Indiana law under the ...
In The Legal’s Products Liability, Mass Torts ... economic loss doctrine (ELD). ‘Tincher’ at 5 Years Old: A Vision Partially Realized Five years ago, the Pennsylvania Supreme Court undertook to ...
Law4mon
The latest statistics from the Bureau of Economic Analysis indicate that legal services accounted for less than 1.5% of gross domestic product in 2003 -- a slightly ... Corrections and Clarifications ...
1, the Texas Omnibus Tort Reform Act went into effect in Texas. Governor Rick Perry, who signed this extensive new legislation into law ... a product is defective in strict liability claims. In April, ...
Law and Economics ... endorsement of product liability and with proposals for its reform, which generally do not question its existence. Our more critical assessment of product liability stems from ...
Dittman resolved that problem by restricting the ELD to situations of tort claims pleaded ... (applying Pennsylvania law). Where, as in these cases, negligence-based products liability claims are ...
Law7mon
Generally, an economic loss is observed on assets rather than physical injury to a person or entity. Illinois economic loss doctrine or the Moorman doctrine The doctrine sets out to bar recovery in ...
The latest tort reform measure, H.R. 1215, the Protecting Access to Care Act of 2017, would place caps on medical malpractice damages, limit attorney fees, and modify statutes of limitations. Among ...
This article will address issues relating to liability for damages ... s liability under a traditional tort law analysis. Consistent with the risk allocation goal, however, courts may be tempted to ...
[3] Online marketplaces are “[a]bout more than selling products. These portals serve consumer ... for the purpose of attributing responsibility under strict liability in tort. The case law strongly ...
Law3608mon
and economic analysis of law. More often than not, even the same basic black-letter rules of tort liability are found in common law and civil law. This contentious conclusion of rule convergence is ...