John C. Rankin & a. v. South Street Downtown Holdings, Inc. South Street Downtown Holdings, Inc. v. TruexCullins and…

Summary

The New Hampshire Supreme Court held that RSA 508:4-b, the construction statute of repose, bars third‑party indemnity and contribution actions by a property owner against architects when the underlying claim arises from a deficiency in the improvement. The Court interpreted the statute’s plain language, defining “economic loss” broadly, and concluded the 1990 amendment did not intend to exclude such claims. The case was remanded for further proceedings.