Travelers Casualty & Surety Co. v. A.G. Carlson, Inc.

This case raises the issue of which of three limitations periods applies in an action for the breach of a written indemnity agreement following a surety’s payout on a construction bond: the two-year limitations period of section 13 — 204 of the Code of Civil Procedure (Code) (735 ILCS 5/13 — 204 (West 2004)) for contribution and indemnity actions; the four-year limitations period of section 13 — 214(a) of the Code (735 ILCS 5/13 — 214(a) (West 2004)) for the construction of improvements to real property; or the 10-year limitations period of section 13 — 206 of the Code (735 ILCS 5/13 — 206…