On October 10, 2024, the Council of the EU adopted the new EU Directive on Liability for Defective Products, which replaces the previously applicable Product Liability Directive of 1985, thereby ...
Given the significant costs associated with litigating product liability claims, product manufacturers should expend time and resources to reduce product liability risks and react quickly to product ...
These novel claims test the limits of products liability law and run afoul of basic products liability principles, as tech companies are not product sellers and the electronic communication platforms ...
Product liability insurance can help protect businesses involved in the distribution and sale of goods. Many, or all, of the products featured on this page are from our advertising partners who ...
3-D printing has enabled a variety of new manufacturing processes that will blur fundamental distinctions in the law of product liability — potentially exposing companies to liability they did not ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Your business is responsible for the products you make, sell or distribute, as well as the completed services you provide. You can be held liable and accountable for any losses or damage if one of ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...
The United States Supreme Court first recognized products liability, including strict liability, as part of the general maritime law in East River Steamship S.S. Corp. v. Transamerica Delaval, Inc., ...
A recently presented European Union plan to update long-standing product liability rules for the digital age — including addressing rising use of artificial intelligence (AI) and automation — took ...
Product liability comprises a number of laws and court rulings that apply to any business that makes or sells a product. Businesses that make or sell products are responsible for ensuring that those ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
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