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11. What is limitation risk?

Limitation risk is about how long it took to start this lawsuit after the conversion.

In law, you have only a specific number of years after something happens to start a lawsuit about it. This is called a “limitation period”. If you wait too long, your lawsuit is thrown out and you lose completely.

If we had gone to trial in this case, there was a serious risk that the court would decide that we had missed our limitation period. If so, we would have lost the case entirely. That is the “limitation risk”.

Posted in: Questions about the Settlement Agreement, Teck/Cominco Class Action FAQs

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