Laches /(lăsh"ĕz)/

Lach·es

Laches

n.
  1. Neglect; negligence; remissness; neglect to do a thing at the proper time; especially, a delay in asserting a claim, sufficient to cause a person to lose the right to adjuducation of the claim by a court. (Law)
    It ill became him to take advantage of such a laches with the eagerness of a shrewd attorney.