• Arizona's Economic Loss Rule: How Did We Get Here? Where are We Going?
  • May 24, 2011
  • Law Firm: Wilenchik Bartness A Professional Corporation - Phoenix Office
  • One of the most interesting and significant developments in the common law in the last few decades has been the growth of the so-called "economic loss rule" (the "ELR"). The ELR, when it applies, eliminates tort causes of action leaving the parties to their contract remedies, if any. It can radically alter the nature and scope of a case. The question is, when does the ELR apply?