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Home / Opinion Digests / Products Liability – Constructive Fraud – Economic Loss Rule (access required)

Products Liability – Constructive Fraud – Economic Loss Rule (access required)

A Lynchburg U.S. District Court grants summary judgment to defendant distributor of a Peterson HC 6700B Grinder in plaintiff lumber company’s products liability action, holding that the economic loss rule bars plaintiff’s sole surviving claim against the distributor, for constructive fraud. Plaintiff RMA amended its complaint, in effect dismissing the following counts previously pleaded against ...

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