Fidelity & Deposit Co. Of Maryland v. Harold J. Smith, Jr., Defendant-Third Party Appellee-Appellant v. Kessler-Bodenheimer, Third Party

WISDOM, Circuit Judge:

In this diversity action controlled by Louisiana law, Fidelity and Deposit Company of Maryland appeals from the grant of a summary judgment in favor of Harold Smith based on the one-year prescriptive period for offenses and quasi-offenses. Smith appeals from the denial, also for prescription, of his third-party action for defamation against his former employer, Kessler-Bodenheimer, Inc. This appeal raises two issues. • The first is the prescriptive period to be applied to a cause of action brought by a fidelity insurer against an employee of the insured. The prescriptive…