Vapor Intrusion: New Exposures, Old Sites

Law360, New York (February 27, 2009, 12:00 AM EST) -- Statutes of limitations prevent the assertion of stale claims and have long been "'favored in the law'" as a meritorious defense.[1]

They serve salutary purposes in requiring "diligent prosecution of known claims so that legal affairs can have their necessary finality and predictability."[2]

They embody important public policies by providing "opponents with a fair opportunity to defend, elimination of 'stale' claims in which evidence is likely to have been forgotten or destroyed, and protection of defendants from protracted fear of litigation."[3]

Because statutes of limitations provide...
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