April 29, 2021
Mecklenburg County Bar
Civil Litigation, General, Real Property Law
The North Carolina Supreme Court recently weighed in on the open question of the economic loss rule, and its application to commercial litigation. The Supreme Court, in Crescent Univ. City Venture, LLC v. Trussway Mfg., Inc., 376 N.C. 54, 852 S.E.2d 98 (2020), upheld a ruling in Judge Louis Bledsoe of the North Carolina Business Court, and held that in commercial contexts, the economic loss rule bars tort claims against lower-tier subcontractors and suppliers, even in the absence of privity. This decision has major ramifications for commercial construction litigation, commercial insurance coverage, and commercial litigation generally in North Carolina. In this virtual roundtable, we will provide an overview of the opinion before discussing the ramifications of Crescent City and the practical considerations for commercial, construction, and insurance coverage litigation in North Carolina with panelists.Expand summary
Program Titles and Supporting Materials
This program contains the following components:
If applicable, you may obtain credit in multiple jurisdictions simultaneously for this program (see pending/approved list below). If electing credit for this program, registrants in jurisdictions not listed below will receive a Certificate of Completion that may or may not meet credit requirements in other jurisdictions. Where applicable, credit will be only awarded to a paid registrant completing all the requirements of the program as determined by the selected accreditation authority.
How to Attend
Join the self-paced program from your office, home, or hotel room using a computer and high speed internet connection. You may start and stop the program at your convenience, continue where you left off, and review supporting materials as often as you like. Please note: Internet Explorer is no longer a supported browser. We recommend using Google Chrome, Mozilla Firefox or Safari for best results.
You may access this course on a computer or mobile device with high speed internet (iPhones require iOS 10 or higher). Recommended browsers are Google Chrome or Mozilla Firefox.