Terra Foundation for American Art v. DLA Piper LLP

Illinois Appellate Court
Civil Court
Statute of Repose
Citation
Case Number: 
153285
Decision Date: 
Friday, August 12, 2016
District: 
1st Dist.
Division/County: 
Cook County
Holding: 
Affirmed.
Justice: 
Rochford

Plaintiffs brought action alleging malpractice against Defendant, a law firm, which Plaintiff had retained in connection with the sale of real estate. Plaintiff alleged that Defendant was negligent in several regards, including by failing to include the exclusionary language of the term sheet in the agreements. Court properly dismissed Plainttiff’s complaint, because it was barred as a matter of law by the applicable statute of repose. The period of repose was not tolled by Defendant’s subsequent failures to correct the omission of the exclusionary language in the first amendment. (HOFFMAN and DELORT, concurring.)