Western Electric Co. v. Stern

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that summary judgment based on the statute of limitations is a final judgment on the merits for purposes of res judicata
• noting that the “nonparty shareholders are bound by judgments if their interests were adequately represented”
• finding privity for purposes of res judicata in stockholder derivative actions arising under Federal Rule of Civil Procedure 23.1, prior to Semtek
• “A summary judgment on the basis of the defense of the statute of limitations is a judgment on the merits.”
• “[I]n shareholder derivative actions arising under [Federal Rule of' Civil Procedure] 23.1, parties and their privies include the corporation and all nonparty shareholders.”
• “A summary judgment on the basis of the defense of the statute of limitations is a judgment on the merits.”

Source: CourtListener parenthetical corpus (CC0).