Is the Senator indicating that an investor who files in a State court in a timely fashion after having consulted with legal counsel that said, yes, this is a timely action--and we shall assume for the sake of the discussion meritorious--can have his action, in effect, dismissed by having it removed to the Federal court and the shorter statute of limitations of 1 to 3 years as is required under Federal law?
William Bryan: “Is the Senator indicating that an investor who files in a State court in a timely fashion after having consulted with…”
Editor's note · Context
Questioning the implications of federal law on state court actions during a legislative discussion.
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