1 rich Libsyn https://www.libsyn.com 90 600 Time, time, time.&amp;nbsp; It’s not always on our side.&amp;nbsp; We are, generally, aware of Statutes of Limitations, which allow only a certain amount of time after a cause of action has accrued to file a lawsuit.&amp;nbsp; So, what if your damages are caused by a latent defect that is only discovered years after the tortfeasor completed work on, say, a house?&amp;nbsp; Since your statute of limitations does not begin to run until the damage is discovered, you’re in the clear right?&amp;nbsp; Not so fast.&amp;nbsp; You may be barred by the running of another time limit:&amp;nbsp; the Statute of Repose. That’s right.&amp;nbsp; This time limit is based on when work was completed, or when a product was sold, not when the loss occurred.&amp;nbsp; &amp;nbsp; On this week’s episode, join Rebecca and Steve as they dive deep into this crucial, yet often misunderstood, aspect of legal limitations.&amp;nbsp; When does a statute of repose bar recovery on a subrogation claim?&amp;nbsp; How is it fair that the time limit to file the claim could run before the insured could even have known the claim exists? &amp;nbsp;It turns out, the limit does exist, and the clock may have already started ticking. On Subrogation https://www.rathbonegroup.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/32577042/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/32577042