Sunday, July 31, 2005

What's the statute of limitations on goofiness?

Bob Gibson points out here that the timing of the Republican Party of Virginia's lawsuit against its insurer is absurd.

Was the RPV facing a statute of limitations problem? Probably not, on a written contract of insurance - the time to sue is probably five years. I thought that the point of the settlement, in such amount at such point in time, was to get the case out of the news - since I never understood the damage claim. What else made the case worth $750,000? No one was maimed, no profits were lost, nobody on the plaintiffs' side lost a job.

No comments: