New York Court of Appeals

Bulova Watch Company, Inc., Appellant v. Celotex Corporation, Respondents, Defendant

April 3, 197946 N.Y.2d 606

Summary

The New York Court of Appeals reversed the Appellate Division, holding that each breach of the 20‑year roof repair bond gives rise to a separate cause of action subject to the six‑year contract statute of limitations, so the bond claims filed within six years of the breach are timely, while the implied warranty claim is time‑barred.