JD Supra

The Economic Loss Rule and the Shifting Landscape of Construction Defect Law in Colorado

On April 21, 2025, the Colorado Supreme Court handed down its decision in Mid-Century Ins. Co. v. HIVE Construction. This case provided a ...
Yahoo

California Wildfire Damages and Economic Loss Estimated at Up to $150 Billion

The devastating California wildfires still burning two days later will have costly damages for the city, state and its residents. One preliminary estimate from AccuWeather, a weather forecasting site, ...
JD Supra

The Economic Loss Rule and Why It Matters in Construction Litigation

In its broadest sense, the "economic loss rule" prohibits recovery in tort for purely economic loss incurred under contract law. The Merriam-Webster Dictionary online defines tort as "a wrongful act ...
Bdcnetwork.com

Courts struggle with the "economic loss rule"

The trend for courts to reject the "economic loss rule" and allow lawsuits against design professionals by parties who have no contractual relationship with them has been a significant aspect of ...
Yahoo

Total damage and economic loss from Southern California wildfires

Chief Meteorologist Jon Porter reveals AccuWeather's estimate of total damage and economic loss from the devastating wildfires that scorched Southern California to be $250 billion to $275 billion.
The National Law Review

The Economic Loss Doctrine: A Valuable Shield for Lenders

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Sarasota Magazine

Hurricane Helene Has Caused Tens of Billions of Dollars in Damage, Economic Loss

As Hurricane Helene carved a path of destruction up the Gulf Coast and across the Southeast U.S., economic research company Moody's Analytics says it expects to see $15 billion to $26 billion in ...