Quantcast
Home / Opinion Digests / Statute of limitations waiver not enforceable (access required)

Statute of limitations waiver not enforceable (access required)

Defendants’ waiver in the parties’ contract to plead the statute of limitations was neither valid nor enforceable under Virginia law. Overview New South Federal Savings Bank made a construction loan to Foster and Wilson Building LLC. Foster and Robert Wilson signed a guaranty agreement with New South, in which they “agreed to ‘waive[] the benefit of any ...