Defendants THE WATERFRONT DEVELOPMENT COMPANY, LLC, LAS VENTANAS PARTNERSHIP, LP and STEPHAN J. ERKELENS' motion for summary judgment of the First Amended Complaint is GRANTED. The alternative motion for summary adjudication is off calendar as moot in light of the ruling granting summary judgment. This ruling completely disposes of this action as against these Defendants and they are entitled to a judgment in their favor. This ruling is premised on the analysis set forth below. Code of Civil Procedure Section 361

This code section provides as follows: "When a cause of action has arisen in another State, or in a foreign country, and by the laws thereof an action thereon cannot there be maintained against a person by reason of the lapse of time, an action thereon shall not be maintained against him in this State, except in favor of one who has been a citizen of this State, and who has held the cause of action from the time it accrued." Section 361 creates a general rule that when a caus