Is the Retroactive Statute of Repose for Construction Defect Claims Constitutional?

With the February 24, 2015, enactment of Assembly Bill 125 (2015 Nevada Laws, Ch. 2), much has changed in the world of residential construction defect litigation. One of the most dramatic shifts has been the reduction of the statute of repose period for construction defect claims from a maximum of 12 years to six years from the date of substantial completion of a newly constructed improvement. Not only did AB125 dramatically shorten the statute of repose period, but it did it retroactively.