Judge Says Economic Loss Doctrine Bars Insurer’s Breach Of Warranty Suit
(September 29, 2015, 9:19 AM EDT) -- GRAND RAPIDS, Mich. — An insurer’s and its insureds’ breach of implied warranty lawsuit based on alleged manufacturing defects in trusses for a hog building is subject to a four-year statute of limitations and the economic loss doctrine, a Michigan federal judge ruled Sept. 25 (Farm Bureau Mutual Insurance Company of Michigan, et al. v. Borkholder Buildings & Supply, LLC, No. 14-1118, W.D. Mich.; 2015 U.S. Dist. LEXIS 128830).
(Opinion available. Document #69-151002-024Z.)
In 2008, DeYoung Farmland LLC contracted with Farmer Boy Ag Systems Inc. for...