Goodrich & Pennington Mortgage Fund, Inc. v. J.R. Woolard, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• indicating that liability for negligent misrepresentation “may not extend to losses arising from a subsequent downturn in the real estate market”
• defining proximate cause as “any cause which in natural [foreseeable] and continuous sequence, unbroken by any efficient 20 intervening cause, produces the injury complained of and without which the result would not have occurred”
• limiting damages for negligent misrepresentation to the \out-of-pocket damages\ suffered
• referring to causally related as a \but for\ test

Source: CourtListener parenthetical corpus (CC0).