The defendants moved for summary judgment to dismiss the plaintiffs' action as statute-barred under the Limitations Act, 2002, arguing that the plaintiffs' former lawyer had sufficient knowledge of the potential claim more than two years before the action was commenced.
The plaintiffs contended that the information available to their lawyer was insufficient to trigger the limitation period, requiring further expert investigation.
The court dismissed the defendants' motion, finding that the information known to the plaintiffs' lawyer was merely a suspicion and not enough to establish a plausible inference of liability, especially given the complex technical nature of the tax issue and conflicting professional opinions.
The limitation period was held to have commenced either when further due diligence was decided upon (February 22, 2016) or when a comprehensive expert opinion was provided (February 24, 2017), both dates being within the two-year period.