MEMORANDUM DECISION
BRIEANT, Chief Judge.
By motions fully submitted on June 4, 1992, plaintiff United Paperworkers International Union and defendant International Paper Company ("the Company") each have moved for summary judgment pursuant to Fed.R.Civ.P. 56(c). Jurisdiction is based on the Securities Exchange Act of 1934, 15 U.S.C. § 78aa (Supp.1992), and on 28 U.S.C. § 1331 (Supp.1992). There is no genuine disputed issue of material fact.
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