Legal Opinion

Blue Sky L. Rep. P 73,254, Fed. Sec. L. Rep. P 95,264 T.J. Eberhardt v. James L. Waters, Lynda B. Waters, Dunwoody Medical Services, Inc.

Court of Appeals for the Eleventh Circuit

Decided May 23, 1990No. 89-8601PublishedCited by 79 opinions

1Opinion of the Court

HATCHETT, Circuit Judge:

In this appeal, we affirm the district court’s grant of summary judgment holding that an arrangement involving the sale of cattle embryos constituted the sale of a security under Georgia law.

FACTS

Dr. T.J. Eberhardt, the appellee, invested in an investment program with International Cattle Embryo, Inc. (“ICE”) a business entity engaged in producing and selling Santa Gertrudis cattle embryos. ICE provided a variety of services to purchasers, including the storing of the embryos in liquid nitrogen freezers, the transferring of embryos to recipient cows, the caring for any…

2Cases cited8 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  3. Diane Jeter v. Credit Bureau, Inc.Court of Appeals for the Eleventh Circuit · 1985
  4. Fed. Sec. L. Rep. P 94,710 Securities and Exchange Commission v. Koscot Interplanetary, Inc.Court of Appeals for the Fifth Circuit · 1974
  5. Donald F. Tackitt v. Prudential Insurance Company of America, United States of America, and Special Agents Mutual Benefit Association, Inc.Court of Appeals for the Eleventh Circuit · 1985

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3Cited by79 opinions

  1. McCann v. TillmanCourt of Appeals for the Eleventh Circuit · 2008
  2. Scala v. City of Winter ParkCourt of Appeals for the Eleventh Circuit · 1997
  3. Christine Kerr v. McDonald's CorporationCourt of Appeals for the Eleventh Circuit · 2005
  4. Securities & Exchange Commission v. Unique Financial Concepts, Inc.Court of Appeals for the Eleventh Circuit · 1999
  5. Securities & Exchange Commission v. ETS Payphones, Inc.Court of Appeals for the Eleventh Circuit · 2005

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