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Daily Archives: Tuesday, March 24, 2020

Posted: March 24, 2020

Borrowing Statute Requires Use Not Just of Foreign State’s Statute of Limitations But Also its Tolling Rules

On March 4, 2020, Justice Sherwood of the New York County Commercial Division issued a decision in EPK Brand, Inc. v. Leret, 2020 NY Slip Op. 30705(U), holding that the borrowing statute requires the use not just of the foreign state’s statute of limitation but also of its tolling rules, explaining: For purposes of the... Read more »