Section Newsletter Articles on Statute of Limitations
‘Know thy enemy and know thyself’
Bench and Bar
, April 2009
As a recent decision by the Illinois Appellate Court demonstrates, failure to know—and properly name—your party-opponent can have drastic and even fatal consequences.
10-Year limitations period applies to indemnity suit
Civil Practice and Procedure
, August 2008
In Travelers Casualty & Surety Co. v. Bowman, Docket No. 103759, 2008 WL 2837323 (July 24, 2008), the Supreme Court held that the 10-year statute of limitations applied to a suit on a written indemnity agreement arising from defaults under construction contract performance bonds.