payment claims Germany barred limitation

When do civil claims become statute barred in Germany? British enterprises doing business within Germany should be aware of the fact that the limitation periods differ hugely between the two jurisdictions. In regards to England, the Limitation Act 1980 states: Time limit for actions founded on simple contract: An action founded on simple contract shall not be brought after the expiration of six years from the date on which the cause of action accrued. This…