“The economic losses suffered in the Gulf Coast region as a result of the massive oil spill in April 2010 were not recoverable under prevailing precedent in both maritime and tort law. They both provided that ‘pure economic loss was not compensable’. ONLY if one suffered property damage or physical injury could he/she recover money. Plaintiffs had argued with some success for expansive concepts of proximate cause such as may be recalled from first year torts and the Kinsman cases …” (more)
[George Conk, Torts Today, 5 December]
First posted 2020-12-06 03:58:37
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