The Supreme Court decided several important commercial law cases this past term, including three that analyze the Consumer Fraud Act. The Court also rendered a decision with significant impact for homeowners, discussing the economic loss rule and the integrated product doctrine. Regarding contractual issues, the Supreme Court reviewed the procedural requirements of the Contractual Liability Act and interpreted certain contractual terms.
Consumer Fraud Act Cases
New Jersey’s Consumer Fraud Act, N.J.S.A. 56:8-1 to -20, was front and center before the Supreme Court this past term. The Court addressed several issues of importance, and specifically declined to address another.
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