A Practice Note explaining how to request judicial assistance in Florida state court to compel or stay arbitration. The relevant case law reflects that statutes of limitations generally apply in arbitration only under limited circumstances.§ 95.11 (providing a five-year statute of limitations for written contracts). In an opinion released yesterday afternoon, the Florida Supreme Court held that statutes of limitation do apply in arbitrations. Multiple courts have held that statutes of limitations simply do not apply in an arbitration proceeding without some contractual provision. Pursuant to Federal Rule of Civil Procedure 15(a)(1), a party may amend its complaint once without the permission of the. This statute of limitations governs breach of written contracts in business litigation. Only an agency or union representative may invoke arbitration. 2d 742 (2011) – The Federal. Federal Arbitration Act (FAA).