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NAGLE v. ALSPACH

No. 92-1950.

8 F.3d 141 (1993)

Mary NAGLE; James A. Shertzer; S. Enola Gochenauer; Alan Shaffer; Eugene C. Adams; George F. Wilt; Michael E. Wilt; Daniel H. Shertzer and James A. Shertzer and Daniel H. Shertzer, Executors under the Will of Elva A. Shertzer, Deceased, v. David E. ALSPACH, Trustee in Bankruptcy for Rimar Manufacturing, Inc.; Jacques H. Geisenberger, Jr.; Marvin Krasny; Adelman & Lavine; Adelman, Lavine, Krasny, Gold & Levin; and Rimar Manufacturing, Inc. v. Paul R. ROSEN; Spector, Cohen, Hunt & Rosen, P.C.; Spector, Cohen, Gadon & Rosen; Alan S. Fellheimer; Fellheimer, Krakower & Eichen; Fellheimer, Eichen & Goodman and Robert I. Martin, Mary Nagle, James A. Shertzer, S. Enola Gochenauer, Alan Shaffer, Eugene C. Adams, George F. Wilt, Michael E. Wilt, Dan H. Shertzer, and James A. Shertzer and Daniel H. Shertzer, Executors under the Will of Elva A. Shertzer, Deceased and Rimar Manufacturing, Inc., Appellants.

United States Court of Appeals, Third Circuit.

Decided October 25, 1993.

As Amended November 9, 1993.

Attorney(s) appearing for the Case

Daniel H. Shertzer, Lancaster, PA, for appellants.

Jacques H. Geisenberger, Jr., Lancaster, PA, for appellee David E. Alspach, Trustee in Bankruptcy for Rimar Mfg., Inc., and Rimar Mfg., Inc.

Christopher S. Underhill, Hartman, Underhill & Brubaker, Lancaster, PA, for appellee Jacques H. Geisenberger, Jr.

H. Robert Fiebach, Jeffrey S. Saltz, and Eric A. Packel, Wolf, Block, Schorr & Solis-Cohen, Philadelphia, PA, for appellees Marvin Krasny, Adelman & Lavine, and Adelman, Lavine, Krasny, Gold & Levin.

Before: GREENBERG, NYGAARD and ROSENN, Circuit Judges.

Submitted Under Third Circuit Rule 12(6) June 10, 1993.

OPINION OF THE COURT

NYGAARD, Circuit Judge.

The plaintiff-shareholders of Rimar Manufacturing, Inc. filed derivative claims for negligence and legal malpractice against Rimar, Rimar's bankruptcy trustee and his attorneys. They contended that the trustee and his counsel had negligently failed to file a lawsuit on behalf of Rimar within the time permitted by the statute of limitations. The district...

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