Legal Opinion
Kane v. Capital Guardian Trust Co.
District Court, D. Kansas
Decided January 13, 1997No. 94-1528-MLBPublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
BELOT, District Judge.
This matter comes before the Court on cross-motions for summary judgment pursuant to Federal Rule of Civil Procedure 56 (Docs. 31 & 38).
I. STATEMENT OF THE CASE
This is an action by Gerald E. Kane (“Kane”) against Capital Guardian Trust Company (“CGTC”) for conversion and breach of fiduciary duty. Kane had failed to pay his 1989 income taxes, resulting in a statutory federal tax lien on all of his property. Kane’s only asset of any significance was his individual retirement account (“IRA”), held by CGTC, which was invested in shares of two mutual…
2Cases cited19 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- United States v. National Bank of CommerceSupreme Court of the United States · 1985
- G. M. Leasing Corp. v. United StatesSupreme Court of the United States · 1977
- Belinda MARTIN, Plaintiff-Appellant, v. NANNIE AND THE NEWBORNS, INC.; Business Solutions, Inc.; Larry D. Gudgel, Defendants-AppelleesCourt of Appeals for the Tenth Circuit · 1993
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3Cited by3 opinions
- Weissman v. United States Postal ServiceDistrict Court, D. New Jersey · 1998
- Kane v. Capital Guardian Trust Co.Court of Appeals for the Tenth Circuit · 1998
- Geiersbach v. Blue Cross/Blue Shield of Kansas CityMissouri Court of Appeals · 2001