Statute of Limitations

Term: Statute of Limitations

Definition: An affirmative defense to legal claims where a claim may no longer asserted if not asserted before the expiration of the statute of limitations (SOL) period.  The statute of limitations can sometimes be tolled by the discovery rule or fraudulent concealment by the defendant.

---

Klemchuk PLLC is a leading IP law firm based in Dallas, Texas, focusing on litigation, anti-counterfeiting, trademarks, patents, and business law. Our experienced attorneys assist clients in safeguarding innovation and expanding market share through strategic investments in intellectual property.

This article is provided for informational purposes only and does not constitute legal advice.