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Home / Business Law / WDVA: Contribution claim was time-barred, not unripe (access required)

WDVA: Contribution claim was time-barred, not unripe (access required)

A business owner suing his partner for contribution to their company’s shared debt could assert the claim even if he had not completely satisfied the debt, but he had not done so within the three-year limitations period. Background Plaintiff Timothy Basham brings this action against Defendant Timothy Jenks, arising out of the insolvency of their residential development ...