Litigation ENewsletter September 16 2010

Statutes of Limitations
If you have been injured whether physically or financially and you believe that you have grounds to file a lawsuit against the party responsible, how long do you have to file? This is one of the most important questions in any potential litigation. All potential lawsuits come with an expiration date, known as a statue of limitations.As its name implies, these time limitations are set forth in statutory law, independently established by the legislative bodies of each state (as well as by the federal government, for federal causes of action). Because the statute of limitations for each cause of action varies from state to state, it is important to bring your case to an experienced attorney in your state as soon as possible.