Asserting a Negligent Misrepresentation Claim: Reliance | Practical Law
A Practice Note explaining the basic considerations for counsel pleading and proving the reliance element of a negligent misrepresentation claim in a commercial dispute under state law. This Note generally defines the standard of reliance in most jurisdictions. It provides guidance on the factors a plaintiff should consider when pleading the reliance element of a negligent misrepresentation claim, and when responding to a dispositive motion challenging the reliance element.