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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: JMB

Economic Loss Rule Requires Reversal of $2.7M Damage Verdict In Furniture Maker’s Lawsuit- 7th Circuit

In a case that invokes Hadley v. Baxendale** – the storied British Court of Exchequer case published just three years after Moby-Dick (“Call me ‘Wikipedia’ guy?”) and is a stalwart of all first year Contracts courses across the land – the Seventh Circuit reversed a multi-million dollar judgment for a furniture maker. The plaintiff in JMB Manufacturing, Inc. v. …

Continue reading “Economic Loss Rule Requires Reversal of $2.7M Damage Verdict In Furniture Maker’s Lawsuit- 7th Circuit”

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Posted byPaulPSeptember 4, 2015September 8, 2015Posted inBusiness Torts, Civil Procedure, Federal CourtsTags: Chicago, Child Craft, consequential damages, damages, Davis mcgrath, economic loss doctrine, Hadley v. Baxendale, Indiana law, JMB, Moby-Dick, negligent misrepresentation
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