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SENTRY CORP. v. HARRIS

No. 85-2824.

802 F.2d 229 (1986)

SENTRY CORPORATION and SNE Corporation, Plaintiffs-Appellants, v. Ethel R. HARRIS, as Trustee Under Trust Agreement dated March 1, 1973, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided September 16, 1986.

Rehearing and Rehearing Denied November 12, 1986.

Attorney(s) appearing for the Case

John A. Rothstein, Quarles & Brady, Milwaukee, Wis., for plaintiffs-appellants.

Laura A. Kastar, Jenner & Block, Chicago, Ill., for defendants-appellees.

Before CUDAHY and RIPPLE, Circuit Judges, and SWYGERT, Senior Circuit Judge.

Rehearing and Rehearing En Banc Denied November 12, 1986.

SWYGERT, Senior Circuit Judge.

This is yet another in a long line of cases in which the courts have sought with enormous difficulty to unravel the complexities created by Congress' failure to provide statutes of limitations to govern all federal causes of action. In this case the plaintiffs appeal from an order of the district court dismissing their federal securities claim as barred by the applicable...

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