Filmmaker Alan Smithee finds himself the unwilling puppet of a potentially bad, big budget action film which he proceeds to steal the reels and leave the cast and crew in a frenzy.
When a corporate raider threatens a hostile takeover of a 'mom and pop' company, the patriarch of the company enlists the help of his wife's attractive daughter—who is a lawyer—to stop the takeover. However, the raider soon becomes infatuated with her, and enjoys the legal manoeuvring as he tries to win her heart.