This is interesting. But why wasn't this a plain old breach of contract claim? Obviously the bargain of the parties involved doing things legally. And one side didn't. Ergo, economic loss. Is there something in tort that gives MORE than breach of contract in the case of fraud? Punitive damages?
I was wondering the same thing. I have two guesses: (1) there may be a statute of limitations issue which makes the fraud claim survive, or (2) the damages he experienced may fall beyond normal contract damages, and so a fraud claim nets more.
This is interesting. But why wasn't this a plain old breach of contract claim? Obviously the bargain of the parties involved doing things legally. And one side didn't. Ergo, economic loss. Is there something in tort that gives MORE than breach of contract in the case of fraud? Punitive damages?
I was wondering the same thing. I have two guesses: (1) there may be a statute of limitations issue which makes the fraud claim survive, or (2) the damages he experienced may fall beyond normal contract damages, and so a fraud claim nets more.