Articles

A New Delaware Statute of Limitations Will Be Useful for M&A

Delaware has furthered its general policy of giving maximum effect to the principle of freedom of contract and to the enforceability of contracts in accordance with their terms by passing legislation that authorizes a statute of limitations of up to 20 years for breach of contract claims. Delaware is the first state to adopt a statute of limitations of this length for breach of contract claims.

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Louis G. Hering, R. Jason Russell, “A New Delaware Statute of Limitations Will Be Useful for M&A,” Law360 (Aug. 5, 2014)

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