Statute of Limitations Change to Ease Costs, Document Retention for Firms

December 14, 2012Quotes & Mentions
Columbus Business First
Lessened liability and a reduction in documentation retention requirements. Those are the biggest benefits for businesses to come out of Ohio’s shorter eight-year statute of limitations for breach of written contract, said Dinsmore’s William Mattes.

Read the full story below to learn why the reduction from 15 years will ease the impact on companies’ class action lawsuits in Ohio based on contract claims and why the change makes Ohio a more competitive place to do business.