Terra Foundation for American Art v DLA Piper LLP

Recent Illinois Case: Terra Foundation for American Art v. DLA Piper LLP

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The First District affirmed the dismissal of a legal malpractice case on statute of repose grounds.  The court held that, in both transactional and litigation malpractice cases, the statute of repose begins to run when the event giving rise to the malpractice claim occurs, regardless of whether an injury has occurred or been recognized.  The court rejected the argument that the statute does not begin to run in transactional malpractice cases until the last act of representation.

Terra Foundation for American Art v. DLA Piper LLP, 2016 IL App (1st) 153285.

(This is for informational purposes and is not legal advice.)