The following excerpt is from Linn & Lane Timber Co. v. United States, 196 F. 593 (9th Cir. 1912):
In Gifford v. Helms, 98 U.S. 248, 25 L.Ed. 57, construing that statute, the court said that the cause of action accrued on the appointment of the assignee or trustee in bankruptcy.
What was said by this court in United States v. American Lumber Company, 85 F. 827, 29 C.C.A. 431, was in answer to the contention that the statute of limitations should be liberally construed in favor of the government so as to hold its effort to commence the action equivalent to a commencement thereof within the time limited by the statute. There was in the case no question of fraud or of a fraudulent concealment of a conveyance.
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.