Lenders have likely encountered situations where borrowers push back against collection efforts. Sometimes, they may even accuse you of causing them harm through negligence, breach of contract, or ...

The economic loss doctrine is a concept in subrogation law that is often debated and rarely completely understood. Even when a subrogation practitioner may think they have it figured out, a new ...

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 ...

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 ...

In the 2013 Tiara Condominium Association v. Marsh & McLennan case, the Florida Supreme Court restricted the application of the economic loss rule to products liability cases, in part acting in ...

Brian P. Heermance and Christopher P. Keenoy write: New York's Economic Loss Rule is purportedly a simple common law principle. However, its evolution and application have proven to be quite the ...