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ALASKAN OIL, INC. v. CENTRAL FLYING SERVICE, INC.
United States Court of Appeals, Eighth Circuit (1992) | 975 F.2d 553
TL;DR: A company that brokered the sale of a defective airplane to satisfy a debt was held strictly liable for the plane's repair costs. The court found the broker was a statutory "supplier" and that Arkansas law permits tort recovery even when the only damage is to the product itself.
Legal Significance: This case affirms Arkansas's adoption of the minority rule allowing strict liability claims for purely economic loss. It also establishes that a party with a substantial financial interest in a sale, beyond a mere commission, qualifies as a "supplier" for purposes of products liability.