• Delaware Court of Chancery
  • D66281
  • Apr 29 2014 (Date Decided)
Plaintiffs' action to collect on a debt, filed at least five years after they knew about their claim, was time-barred under the equitable defense of laches since the analogous contract or debt statute of limitations, 10 Del. C. §8106, prescribed a three-year period. Defendants' motion to dismiss granted.