TEXAS ABROGATES PART OF THE ECONOMIC LOSS RULE
In Paradyme Asset Management, LLC v. Figurd, LLC, a dispute arose over the architectural design of an apartment complex in San Antonio, Texas. Paradyme Asset Management, LLC (“Paradyme”) contracted with Figurd, LLC (“Figurd”) as the architect. Figurd subcontracted with David Robertson and Robertson Architecture, LLC (collectively, “Robertson”) to actually perform the architectual design. While Robertson…
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