Parkridge Associates, Ltd. v. Ledcor Industries, Inc.

Cox, A.C.J.

— At issue is whether either the statute of repose applicable to claims arising from construction, alteration, or repair of improvements to realty1 or the respective applicable statutes of limitation for the claims asserted bar this third party action. We also decide whether the statute of repose applies to a claim for equitable indemnity. Because the statute of repose applies to Ledcor Industries, Inc.’s equitable indemnity claim and that claim accrued more than six years after both the substantial completion date of the project and the date of termination of services by Nidash,…