Healthbanc Int'l, LLC v. Synergy Worldwide, Inc.

Associate Chief Justice Lee, opinion of the Court:

¶ 1 This case is before us on certification from the United States District Court for the District of Utah. That court asked us to decide whether the "economic loss rule" in Utah law extends to the tort of fraudulent inducement. This question arises in a case in which the alleged fraudulent inducement overlaps entirely with claims for breach of contract. We therefore reframe the question certified by the federal court. We hold that the economic loss rule applies in the circumstances of this case-there is no fraud exception that applies where…