Abrogation of Florida’s Economic Loss Rule (ELR) and What It Means

By: Ghada Skaff Posted on: Sunday, May 19th, 2013

The Florida Supreme Court just decided to rule out the economic loss rule for determining damages associated with breach of contract. Put simply, plainiffs will have more of an opportunity to collect more damages and defendants will be exposed to more liability if fraud, unjust enrichment, or negligence is proved. Read our blog post to find out more information.