15
Oct
11

Professional Liability Section of State Bar Working on Statute of Limitations

Legislation and sausage - just show me the finished product thank you.

The Supreme Court of Georgia’s opinion in Newell Recycling of Atlanta, Inc. v. Jordon Jones & Goulding created some uncertainty as to the statute of limitaions apploicable to certain professional liability claims.  Attorney Defender has discussed the issue here and here

That may soon change.  The Professional Liability Section of the State Bar of Georgia is working on proposed legislation that would specifically deal with the statute of limitations for claims asserted against attorneys and accountants in light of the recent Supreme Court opinion 

A committee that includes the author is working on a draft of the proposed legislation from the defense perspective.  Another committee is working on a claimant’s version to propose.  Thereafter, the two sides will attempt to agree on a joint proposal.  I will keep you updated.

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