Hot Topics in Products Liability Litigation: The Depreciation-Based Injury Theory Used to Support Standing in a Products Case

The depreciation-based injury theory is a method that has been increasingly tested by the plaintiffs’ bar to support the assertion of standing necessary to bring a product liability case. Under this theory, a plaintiff who has purchased a product that later depreciates in value due to a defect or other issue alleges that they have suffered an injury that is sufficient to create standing to bring a lawsuit……
By: Mitchell, Williams, Selig, Gates & Woodyard,
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