Laurens Electric Cooperative, Inc. v. Altec Industries, Inc.

How courts have described this case

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

• holding that a defective derrick mounted to a truck is a single, integrated product for purposes of the economic loss doctrine
• noting that only the product itself was destroyed because of its alleged defect
• borrowed money used to repay bank may be relevant in permitting reduction within Guidelines but does not justify departure
• The product was “owned by Laurens Electric.”

Source: CourtListener parenthetical corpus (CC0).