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  5. 847 F.2d 1069 (1988)
 

SCHIAVONE CONST. CO. v. TIME, INC.

Nos. 86-5839, 86-5920.

847 F.2d 1069 (1988)

SCHIAVONE CONSTRUCTION CO. and Ronald A. Schiavone, Individually, Appellants in 86-5839, v. TIME, INC., Appellants in 86-5920.

United States Court of Appeals, Third Circuit.

Decided May 16, 1988.

Rehearing and Rehearing Denied June 10, 1988.

Attorney(s) appearing for the Case

Theodore W. Geiser (argued), John F. Neary, Thomas S. Cosma, Connell, Foley & Geiser, Roseland, N.J., for Schiavone Const. Co., etc.

Peter G. Banta, Winne, Banta, Rizzi, Hetherington & Basralian, Hackensack, N.J., Stuart Robinowitz (argued), Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Time, Inc.

Before BECKER and SCIRICA, Circuit Judges, and FARNAN, District Judge.

Rehearing and Rehearing In Banc Denied June 10, 1988.

OPINION OF THE COURT

BECKER, Circuit Judge.

This is an appeal from the grant of summary judgment for defendant Time, Inc. in a highly publicized defamation case arising out of media coverage of an investigation of former United States Secretary of Labor Raymond Donovan. Plaintiffs, Ronald Schiavone (Schiavone) and Schiavone Construction Company (SCC), in which Schiavone owned a controlling interest...

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