Merchants National Bank & Trust Co. Of Indianapolis v. Smith, Hinchman & Grylls Associates, Inc. And the Mathes Group

WISDOM, Circuit Judge:

In this case we decide that the Louisiana one-year prescriptive period for torts governs this third party action against architects for economic loss.

I

The plaintiff, as assignee of Robbins Electric Co., Inc., seeks recovery against the defendants, architects, for Robbins’s economic losses incurred as a result of defects and deficiencies in the defendants’ architectural plans and specifications for the construction of the Fort Polk Army Hospital.

The defendants, Smith, Hinchman & Grylls Associates, Inc. and The Mathes Group, as joint venturers, provided the designs and…