Tag Archives: Limitations

New York Court of Appeals Rules that Civil Securities Fraud Claims Brought Under Martin Act are Subject to Three-Year Statute of Limitations

In People v. Credit Suisse Securities (USA) LLC, No. 40, 2018 WL 2899299 (N.Y. June 12, 2018), the Court of Appeals for the State of New York ruled that the three-year statute of limitations of Section 214(2) of the New … Continue reading

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Banks Claim For Unjust Enrichment Governed By Three-Year Statute of Limitations

Question: Is a banks claim against its borrower for unjust enrichment arising out of the borrowers nonpayment of a promissory note governed by the four-year statue of limitations for breach of written contract? Answer: No, according to the Fourth District Court … Continue reading

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Is There a Statute of Limitations on Child Support in Illinois?

In this article, we discuss collection of past due child support in Illinois. We explain the concept of statutes of limitations, and the ramifications of there being no statute of limitations for child support in Illinois. Read more detail on … Continue reading

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U.S. Supreme Court: Equitable Tolling Does Not Allow Follow-On Class Claims Outside of the Limitations Period

In the latest of several recent high court decisions addressing the questions of statutes of limitations and related questions of tolling, on June 11, 2018, the U.S. Supreme Court unanimously held that equitable tolling principles do not apply to toll … Continue reading

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An Introduction to Smart Contracts and Their Potential and Inherent Limitations

Posted by Stuart D. Levi and Alex B. Lipton, Skadden, Arps, Slate, Meagher & Flom LLP, on Saturday, May 26, 2018 Editor's Note: Stuart D. Levi is a partner and Alex B. Lipton is an associate at Skadden, Arps, Slate, … Continue reading

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