Compared To Statute of Limitations
The defense of laches resembles, but is not entirely analogous to, a plea that the period of time allowed under a statute of limitations has expired. Laches essentially alleges prejudicial delay and unfairness in the context of a particular situation, whereas statutes of limitation tend to define a specific legally prescribed period of time (after the cause of action has accrued) within which a lawsuit for a particular type of cause of action may be commenced or after which the right to recovery is barred. Moreover, although a lawsuit commenced within the time allowed by a limitations period is valid no matter how long it takes for the action to proceed to trial, laches can sometimes be applied even in a situation where a lawsuit has been commenced and any delays would otherwise be reasonable. It is generally allowed by a court when a defendant could reasonably have believed that the plaintiff was not going to exercise his or her legal rights and acted on that belief to his or her detriment.
Read more about this topic: Laches (equity)
Famous quotes containing the words statute of limitations, compared to, compared, statute and/or limitations:
“Now a Jew, in the dictionary, is one who is descended from the ancient tribes of Judea, or one who is regarded as descended from that tribe. Thats what it says in the dictionary; but you and I know what a Jew isOne Who Killed Our Lord.... And although there should be a statute of limitations for that crime, it seems that those who neither have the actions nor the gait of Christians, pagan or not, will bust us out, unrelenting dues, for another deuce.”
—Lenny Bruce (19251966)
“Outward simplicity befits ordinary men, like a garment made to measure for them; but it serves as an adornment to those who have filled their lives with great deeds: they might be compared to some beauty carelessly dressed and thereby all the more attractive.”
—Jean De La Bruyère (16451696)
“The service a man renders his friend is trivial and selfish, compared with the service he knows his friend stood in readiness to yield him, alike before he had begun to serve his friend, and now also. Compared with that good-will I bear my friend, the benefit it is in my power to render him seems small.”
—Ralph Waldo Emerson (18031882)
“Now a Jew, in the dictionary, is one who is descended from the ancient tribes of Judea, or one who is regarded as descended from that tribe. Thats what it says in the dictionary; but you and I know what a Jew isOne Who Killed Our Lord.... And although there should be a statute of limitations for that crime, it seems that those who neither have the actions nor the gait of Christians, pagan or not, will bust us out, unrelenting dues, for another deuce.”
—Lenny Bruce (19251966)
“To note an artists limitations is but to define his talent. A reporter can write equally well about everything that is presented to his view, but a creative writer can do his best only with what lies within the range and character of his deepest sympathies.”
—Willa Cather (18761947)