National Iranian Oil Company v. Mapco International, Inc

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that “the traditional rule that statutes of limitations are governed by forum law has been modified by [the borrowing] statute”
• observing that a statute of limitations also protects the court by relieving it of the burden of adjudicating a stale claim where a plaintiff has delayed asserting his rights
• noting that “the traditional rule that statutes of limitations are governed by forum § Perkins argues on appeal, see Br. 5, that the District Court should have applied 15 U.S.C. § 1501 (concerning, inter alia, establishment of the U.S. Department of Commerce
• “Statutes of limitations protect defendants from having to confront controversies in which the search for truth may be thwarted by the loss of evidence, the fading of memories, or the disappearance of witnesses.”

Source: CourtListener parenthetical corpus (CC0).