United States Cellular Investment Company

WALSH, Justice: In this appeal from the Court of Chancery, we are required to examine the timeliness of an action for breach of a limited partnership agreement. The plaintiff-appellant, United States Cellular Investment Company of Allentown (""USCIC""), is a limited partner in the Allentown SMSA 1 Limited Partnership (the ""Partnership""). USCIC sued the general partner, Bell Atlantic Mobile Systems of Allentown, Inc. (with its affiliated companies, referred to herein as ""BAMS""), for breach of the limited partnership agreement (the ""Agreement"") and breach of fiduciary duty. Specifically, USCIC alleged that BAMS usurped opportunities belonging to the Partnership as these opportunities were defined by the Agreement.