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Federal Courts -
1st Circuit Court of Appeals - March 4 - March 11, 2010
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Riley v. Decoulos (In re Am. Bridge Prods.), No. 09-1165,
UNITED STATES COURT OF APPEALS FOR THE FIRST CIRCUIT, March 10, 2010, Decided
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Overview: But for defendant's status as receiver, a limitations defense would likely have succeeded, but it failed because the receiver had not rendered a final accounting or been discharged in either state or federal court; thus, the 3-year period under Mass. Gen. Laws ch. 160, ? 2A, was not triggered, and claims for mismanagement were not time-barred.
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