So You Think You Know The Law….Answers to Summer Edition

August 2013

A party to a construction contract who is wronged by a contractor can obtain economic losses, such as lost profits, by suing in tort rather than breach of contract. True or False? False. The economic loss rule dictates that the terms of the contract prevail. Return to Newsletter.

Please Note: This article is necessarily general in nature and is not a substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.