Oregon Supreme Court
Marshall v. PricewaterhouseCoopers, LLP
November 28, 2023
Summary
The Oregon Supreme Court held that the ten-year statute of repose for actions involving negligent injury to person or property applies to negligence claims seeking recovery solely for economic loss, including financial harm allegedly caused by negligent legal advice. The court relied on the statutory text, the broad legal meaning of property, and legislative history showing an intent to impose an outside cutoff on negligence claims against professionals, including lawyers. The court reversed the Court of Appeals and remanded for consideration of plaintiffs’ remaining assignment of error.