"This is not necessarily an open-and-shut case for Facebook. The fact that the judge froze Facebook's assets suggests there may be extenuating circumstances favoring Ceglia, Gendelman pointed out.<p>Also, Ceglia may be planning to argue that the statute of limitations didn't start until the contract was breached, which would have set the clock ticking in 2004, said Scott & Scott partner Julie Machal-Fulks.<p>There is room for that argument in New York law, she told the E-Commerce Times.<p>As for the last-minute challenge, that too makes sense -- at least, it can be argued in court, said Jonathan Askin, associate professor of clinical law at Brooklyn Law School.<p>"Logically, these ownership challenges only occur after a company has value or is on the verge of success. Why would anyone sue a company before it has value?" he asked."<p>from <a href="http://www.ecommercetimes.com/rsstory/70403.html" rel="nofollow">http://www.ecommercetimes.com/rsstory/70403.html</a>