Time is Money: Understanding Statutes of Limitations and Statutes of Repose


Time is money in the subrogation industry.  And knowing the timeframes of when you can pursue recovery claims is an important first step in evaluating your case, including determining the scope of your early investigation.  Whether you can or cannot bring a claim due to a pre-determined timeframe set by a specific statute is often the most critical first question to be considered in a subrogation case.  Both sets of statutes, limitations and repose, address timeframes for filing lawsuits, but they operate differently and have unique considerations for recovery professionals.  In this episode, regular hosts David Brisco (San Diego) and Joe Rich (Miami) are joined by Phil Berens (LA) to discuss the differences between Statutes of Limitations and Statutes of Repose and some key considerations to keep in mind when evaluating these timeframes.

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About The Authors

Joseph (Joe) F. Rich is a member of the firm, where he practices in the firm's Subrogation & Recovery Department. Joe concentrates his practice in the areas of subrogation and recovery, insurance litigation and civil litigation arising out of a wide variety of property damage events, such as fires, mechanical system failures, sprinkler system failures, building collapses, product failures and defects, and roofing failures and deficiencies. He is admitted to practice in the District of Columbia, Florida, New Jersey, and Pennsylvania. In addition, Joe is member of the bar of the United States District Court for the District of Puerto Rico and he has experience litigating subrogation and recovery matters for clients in the District of Puerto Rico.

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