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DEKALB COUNTY PENSION FUND v. TRANSOCEAN LTD.

No. 14-0894-cv.

817 F.3d 393 (2016)

DEKALB COUNTY PENSION FUND, on behalf of itself and all others similarly situated, Plaintiff-Appellant, v. TRANSOCEAN LTD., Robert L. Long, Jon A. Marshall, and Transocean Inc., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided: March 17, 2016.

Amended: April 29, 2016.

Attorney(s) appearing for the Case

Geoffrey M. Johnson ( Thomas L. Laughlin & David R. Scott , on the brief), Scott+Scott LLP, New York, NY, for Plaintiff-Appellant.

John W. Spiegel , Munger, Tolles & Olson LLP, Los Angeles, CA, for Defendants-Appellees Transocean Ltd., Transocean Inc., and Robert T. Long.

Peter Ligh , Sutherland Asbill & Brennan LLP, New York, NY, for Defendants-Appellees Transocean Ltd., Transocean Inc., and Robert T. Long.

Todd S. Fishman , Allen & Overy LLP, New York, NY, for Defendant-Appellee Jon. A. Marshall.

Before: CABRANES, RAGGI, and WESLEY, Circuit Judges.

A statute of limitations "creates a time limit for suing in a civil case, based on the date when the claim accrued."1 By contrast, a statute of repose "puts an outer limit on the right to bring a civil action[,]... measured not from the date on which the claim accrues but instead...

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