Teamsters & Employers Welfare Trust of Illinois v. Gorman Brothers Ready Mix

As my colleagues observe, the parties to this case failed to address some potentially important issues: the nature and length of the statute of limitations, whether laches may be invoked to shorten that period, and the source of law (state or federal) used to determine the content of any equitable principles that may be applicable. The only serious debate was whether the district court clearly erred in finding that, when signing a collective bargaining agreement in 1994, Leonhardt relied on Stewart’s statement several years earlier that he had made an audit “go away.” The district judge…