Los Angeles County Superior Court

For Whom the Statute Tolls? A California Court Refuses Equitable Tolling for RMBS Claims

Map and gavel

A recent decision dismissing an RMBS lawsuit in the Los Angeles County Superior Court highlights the critical importance of filing your claims in the correct court whenever there is a jurisdictional issue.  By rejecting the plaintiff’s equitable tolling arguments and applying the appropriate statutory limitations periods, the decision is notable because it arguably conflicts with similar decisions by other state courts involving similar RMBS claims.  We have previously written about the application of statutes of limitations to RMBS claims, which may be viewed here. READ MORE