Florida Supreme Court Alters Economic Loss Rule
The Florida Supreme Court has recently held that the economic loss rule is limited to cases of products liability. This is a very “big” change from recent and prior law. Determining whether or not a tort claim is permissible when contractual privity exists in situations other than products liability is now a thing of the past. Determining whether a professional services exception is applicable or not is now a thing of the past. For a copy of the Tiara Condo opinion, please email email@example.com.