Utah Fraudulent concealment
Elements of Fraudulent Concealment:
- knowledge of a material fact
- duty to disclose?
- failure to disclose the material fact
- other party's lack of knowledge of material fact
- failure to disclose was a substantial factor in causing damages
Anderson v. Kriser, 2011 UT 66.
Gilbert Development Corp., v. Wardley Corp., 2010 UT App 361, 246 P.3d 131 Utah App. 2010.
Yazd v. Woodside, 143 P.3d 283, 2006 UT 47 (Utah 2006).
Moore v. Smith, 158 P.3d 562 (Utah App. 2007).
To provide a foundation for compensatory damages stemming from fraudulent concealment:
- the difference between the value of the property bought or sold and the value the same property would have had if the statements about it had been true
- loss of good will
- expenditures in mitigation of damages
- lost earnings
- loss of interest on loans required to finance the loss
- lost profits
- emotional distress
- describe other items claimed
Dugan v. Jones, 615 P.2d 1239 (Utah 1980)
Lamb v. Bangart, 525 P.2d 602 (Utah 1974)
Dilworth v. Lauritzen, 424 P.2d 136 (Utah 1967)
Restatement (Second) of Torts, § 549
Campbell v. State Farm Mutual Automobile Ins. Co., 65 P.3d 1134 (2001)
Ong International (U.S.A.) Inc., v. 11th Avenue Corp., 850 P.2d 447 (1993)
Crookston v. Fire Ins. Exch., 817 P.2d 789 (Utah 1991)