Miami-based partner Mark Romance was quoted in an article, "Civil Theft Claims Not Barred by Economic Loss Rule," which appeared in Litigation News, a publication of the American Bar Association, Section of Litigation. The article focuses on a Colorado Supreme Court ruling in Bermel v. BlueRadios, Inc. which found that the economic loss rule does not bar a statutory claim for civil theft, even where the theft also beaches the parties' contract. The ruling points to a continuing trend toward limitations on the rule. "The economic loss rule at one point was very broad but now is becoming more narrow, and the Bermel court's ruling demonstrates the trend toward limiting application of the rule," said Romance, who serves as vice-chair Section of Litigation's Commercial & Business Litigation Committee.
As noted in the article, even in the context of a breached contract, there is also a broader trend of courts recognizing a legislature's ability to decide when a party can recover tort damages. "The Colorado court's ruling reinforces the legislature's power to create causes of action that trump common law claims," Romance commented. The piece also notes that some states still apply the economic loss rule to limit statutory causes of action, and suggests that practitioners exercise caution before disregarding common law principles when determining appropriate relief for tort claims. According to Romance, "The line between torts and contracts has always been blurred. Tort claims are grounded in common law, and that common law shouldn’t be completely ignored simply because the parties have a contract." Further, he noted "When you are pursuing claims on behalf of your clients, you want to look not only to traditional common law claims involving contracts, but also to statutory remedies that may not be popular or often used, but may provide a remedy."
Day Pitney Press Release
Day Pitney Litigation Partner Paul Marino and Senior Associate Michael Fialkoff authored an article for Law360 titled, "Mootness Fees Are Losing Traction in Del. And Federal Courts."
Day Pitney Advisory
Day Pitney Press Release
Day Pitney Counsel Ashley Picker Dubin and Partner Alexander Judd have been recognized as winners in the 2023 New England Legal Awards by American Lawyer Media.
Day Pitney Press Release
Day Pitney's annual Palm Beach Family Office Forum at the Eau Paul Beach Resort & Spa was featured in Palm Beach County Business Magazine.
New Jersey Partner Paul Halasz and Associate Chelsea Turiano authored "Franchise Arbitration: Dealing with a Party's Refusal to Share Costs," in The American Bar Association's The Franchise Lawyer.
Day Pitney Litigation Partner Mark A. Romance was featured in the article, "Companies Face New Penalties for Improper Data Collection," in the American Bar Association's Litigation News newsletter.
Day Pitney's Florida Managing Partner Manuel A. Garcia-Linares has been named to South Florida Business Journal's Diverse Voices list.
Copyright © 2023 Day Pitney LLP, all rights reserved.