Is there a statute of repose for catastrophic injury cases?
Yes, there is a statute of repose for catastrophic injury cases in Alaska. The Statute of Repose, also known as the Statute of Limitations, is a law that sets a time limit on how long a person has to file a lawsuit. In Alaska, the Statute of Repose specifies that any lawsuit for a catastrophic injury must be filed within two years of the injury occurring, or two years from when the injury was discovered. This two-year period starts running as soon as a person knows, or reasonably should have known, of the injury and its cause, and it is not extended even if the injury is discovered at a later date. The Statute of Repose is an important law that protects defendants from having to face a lawsuit years after the injury has occurred. Without it, defendants could be held liable for damages long after they provided a service or product. This is why it is so important for plaintiffs to make sure they file their lawsuit within the two-year period prescribed by the Statute of Repose. If they fail to do so, they might be unable to recover damages for their injuries.
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