Ferguson v. Yaspan – Statute of Limitations Not Applicable to Defense Based on Rescission (2016-4-15)
In a lawsuit based on a contract, one party can seek relief based on the theory of rescission. Rescission can be considered an equitable judicial remedy. Under California Civil Code section 1689, rescission supports “extinction” of the obligation. Rescission can be pled as a basis for affirmative relief, or it can asserted as defense to […]