Judge Finds Subrogated Insurers’ Breach Of Contract Claim Is Time-Barred
Mealey's (August 1, 2016, 1:34 PM EDT) -- TULSA, Okla. — Subrogated insurers failed to assert their breach of contract claim before the expiration of a five-year statute of limitations, which began running upon completion of construction, an Oklahoma federal judge ruled July 28, granting in part summary judgment to a general contractor (Lexington Insurance Co., et al. v. Newbern Fabricating, Inc. and Baucom Concrete Construction, Inc., No. 14-0610, N.D. Okla.; 2016 U.S. Dist. LEXIS 98595).
(Opinion and order available. Document #69-160805-019Z.)
However, U.S. Judge Claire V. Eagan of the Northern District of Oklahoma...