BARON v. ALLIED ARTISTS PICTURES CORP.

No. 82-1720.

717 F.2d 105 (1983)

John G. BARON, on behalf of himself and derivatively on behalf of Allied Artists Pictures Corporation, Appellant, v. ALLIED ARTISTS PICTURES CORPORATION, Kalvex, Inc., PSP, Inc., Allied Artists Industries, Inc., Price Waterhouse & Co., Emanuel Wolf, Robert Sisk, Jack Sattinger, Peter Strauss, Carl Prager, Herbert Blumenthal, Robert Sabel, William Lurie, Jay Feldman, Joseph Gruenberg, Andrew Jaeger, Stuart Marks, Robert Ingis, and Abraham Reback.

United States Court of Appeals, Third Circuit.

Decided September 19, 1983.


Attorney(s) appearing for the Case

John C. Phillips, Jr., Wilmington, Del., David M. Olasov (argued), Edward & Angell, New York City, for appellant; Michael R. Newman of Miller & Daar, Beverly Hills, Cal., of counsel.

Edmund N. Carpenter, II, William J. Wade, Richards, Layton & Finger, Wilmington, Del., for Price Waterhouse; Bartlett H. McGuire (argued), Paul W. Bartel, II, Davis, Polk & Wardwell, New York City, of counsel.

Stephen P. Lamb (argued), Skadden, Arps, Slate, Meagher & Flom, Wilmington, Del., for Robert J. Sisk; Jeffrey Glekel, Dana H. Freyer, Skadden, Arps, Slate, Meagher & Flom, New York City, of counsel.

Dannenberg, Hazen & Lake, New York City, for William Lurie; Lee Hazen, New York City, of counsel.

Before GIBBONS and BECKER, Circuit Judges, and WEBER, District Judge.


OPINION OF THE COURT

GIBBONS, Circuit Judge.

John G. Baron, a stockholder in Allied Artists Pictures Corporation (Allied Pictures) appeals from a summary judgment dismissing his complaint as time barred.1 The complaint is brought on his own behalf and derivatively on behalf of Allied Pictures against Allied Artists Industries (Allied Industries), Price Waterhouse & Co., and a number of individual defendants. It seeks money...

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