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KAHN v. KOHLBERG, KRAVIS, ROBERTS & CO.

No. 1373, Docket 92-7028.

970 F.2d 1030 (1992)

Phyllis KAHN and Steven G. Thorne, Plaintiffs-Appellants, v. KOHLBERG, KRAVIS, ROBERTS & CO., a New York Limited Partnership, KKR Associates, a New York Limited Partnership, and Whitehall Associates, L.P., a Delaware Limited Partnership, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided June 30, 1992.

Attorney(s) appearing for the Case

Sidney B. Silverman, New York City (Silverman, Harnes, Obstfeld & Harnes, of counsel), for plaintiffs-appellants.

F.J. Zepp, New York City (Latham & Watkins, of counsel), for defendants-appellees.

Before: PRATT and ALTIMARI, Circuit Judges, and KELLEHER, District Judge.

KELLEHER, Senior District Judge:

Plaintiffs Phyllis Kahn and Steven G. Thorne appeal from the dismissal by the United States District Court for the Southern District of New York, John S. Martin, Jr., Judge, of their complaint pursuant to Federal Rules of Civil Procedure (Fed. R.Civ.P.) 12(b)(6) on the ground that the action was barred by the statute of limitations. We affirm.

I. BACKGROUND

Plaintiffs commenced this direct and derivative action...

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