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2000 WATERMARK ASS'N, INC. v. CELOTEX CORP.

No. 85-1387.

784 F.2d 1183 (1986)

2000 WATERMARK ASSOCIATION, INC., Appellee, v. The CELOTEX CORPORATION, Appellant.

United States Court of Appeals, Fourth Circuit.

Decided February 28, 1986.

Rehearing Denied March 25, 1986.

Attorney(s) appearing for the Case

John Gregg McMaster (Tompkins, McMaster & Thomas, Columbia, S.C., on brief), for appellant.

D. Cravens Ravenel (Belser, Baker, Barwick, Ravenel, Toal & Bender, Columbia, S.C., on brief), for appellee.

Before CHAPMAN and SNEEDEN, Circuit Judges and HILTON, United States District Judge for the Eastern District of Virginia, sitting by designation.

CHAPMAN, Circuit Judge:

The central question in this products liability case is whether, under South Carolina law, a plaintiff can recover in negligence for an intangible economic loss. The district court held that such recovery was permissible. We disagree, and we reverse and remand.

I

Asphalt shingles manufactured by the defendant, Celotex Corporation (Celotex), were installed on a condominium project...

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