Navigating the Confines of the Economic Loss Rule and Other Property Damage

Sean Hanlon
June 25, 2010 — 338 views  


The economic loss rule is a rule frequently invoked in construction disputes that operates to limit the types of damages that can be recovered. Understanding the limits of the economic loss rule requires a party to examine (1) the source of the duty at issue and (2) the nature of the property damage claimed.
Members Only Content
Want the Rest of the Article? - It's Free to Members
Archived articles are reserved for ConstructionManagementResource.com members. To access this content, please log in or create a new account. Membership to ConstructionManagementResource.com is free! Get instant access to all the Construction content you need to help your organization stay current.

Member Login

Register for a free account

E-mail Address:
Password:
   Lost your Password?