Strauss, Factor, Laing & Lyons Strauss, Factor, Laing & Lyons
Contact us Today to Schedule your initial consultation
Finding creative solutions to complex Legal problems
401-456-0700 open menu

Posts tagged "settlement agreement ambiguous fiduciary relationship negligent misrepesentation economic loss doctrine specific performance"

U.S. District Court Finds Settlement Agreement Ambiguous, No Fiduciary Relationship, Negligent Misrepresentation Claim Not Barred By Economic Loss Doctrine

Rhode Island's federal district has found several ambiguities in the parties' prior settlement agreement and denied in part cross-motions for summary judgment based on that agreement.  The Court found the parties did not have a fiduciary relationship to each other.  It also found that under Rhode Island law the "economic loss" doctrine did not bar a claim for negligent misrepresentation.