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Florida Supreme Court Alters Economic Loss Rule

Uncategorized Jun 7, 2013

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  michelle@pankauskilawfirm.com.