School District v. Maryland Casualty Co.

KELLY, Judge:

In this opinion, we are called upon to determine whether Lumbermens Mutual Casualty Company [hereinafter “Lumbermens”], a private corporation, as subrogee of the School District of the Borough of Aliquippa [hereinafter “Aliquippa School District”], may assert nullum tempus occurrit regi to defeat the applicable statute of limitations in a negligence action against the auditors, Hosack, Specht, Muetzel & Wood [hereinafter “Hosack, Specht”], of the Aliquippa School District for, inter alia, alleged failure to properly perform audits which Lumbermens alleges resulted in the…