What is the statute of limitations for business litigation?

The statute of limitations for business litigation in Virginia is two years. This means that if you have been wrongfully injured or if your rights have been breached, you must file a lawsuit within two years of the date of the breach or injury. The two-year statute of limitations applies to any kind of business dispute, including breach of contract, unfair competition, wrongful termination, fraud, and misappropriation of funds. It also applies to claims made under the Virginia Consumer Protection Act. In some cases, the statute of limitations may be extended. For example, if the defendant has left the state, the plaintiff may have three years from the date of the breach or injury to file a lawsuit. It is important to note that even if the statute of limitations has passed, a plaintiff may still be able to bring a claim if the defendant fraudulently concealed their actions. If you believe that you have been wrongfully injured or if your rights have been breached, you should contact a knowledgeable business litigation attorney in Virginia. They can help you understand the statute of limitations and help you determine if it is still possible to file a lawsuit.

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What is the statute of limitations for business litigation?

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