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· 2/21/1989

Utah International, Inc. v. Caterpillar Tractor Co.

Citations

  • 775 P.2d 741
  • 108 N.M. 539

How courts have described this case

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

  • emphasizing the absence of bargaining power disparity as a motiving factor justifying application of the economic loss rule
  • in commercial transaction where there was no great disparity in bargaining of parties, economic losses from injury of product itself not recoverable in tort
  • “[I]n commercial transactions, when there is no great disparity in bargaining power of the parties ..., economic losses from injury of a product to itself are not recoverable in tort actions[.]”

Source: CourtListener parenthetical corpus (CC0).

Judges: Minzner, Alarid, Hartz

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.