Legal Opinion
David Stone and Colleen Stone v. John Wilson Kirk and J.W.K. Land and Cattle Company, Inc.
Court of Appeals for the Sixth Circuit
Decided November 1, 1993No. 91-5833PublishedCited by 114 opinions
1Opinion of the Court
DAVID A. NELSON, Circuit Judge.
This is a securities fraud case that arises out of sales of tax shelters designed to give investors the benefit of large investment tax credits. The credits were ultimately disallowed by the Internal Revenue Service, which found the tax shelters to be fraudulent and abusive.
The individual defendant, a certified public accountant who received hidden commissions on sales he made to groups of accounting clients and others, went bankrupt after the filing of the lawsuit. An adversary proceeding on the dischargeability of his asserted debt to the plaintiffs, who were…
2Cases cited33 opinions
- United States v. TurketteSupreme Court of the United States · 1981
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Beacon Theatres, Inc. v. WestoverSupreme Court of the United States · 1959
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
28 more not listed; retrieve them via the Exa API.
3Cited by114 opinions
- Bankr. L. Rep. P 76,586 in Re James B. McNallen Debtor. Patricia McNallen Hagan v. James B. McNallenCourt of Appeals for the Fourth Circuit · 1995
- Securities & Exchange Commission v. ShieldsCourt of Appeals for the Tenth Circuit · 2014
- Streber v. HunterCourt of Appeals for the Fifth Circuit · 2000
- Goren v. New Vision International, Inc.Court of Appeals for the Seventh Circuit · 1998
- Stephen Ouwinga v. Benistar 419 Plan ServicesCourt of Appeals for the Sixth Circuit · 2012
109 more not listed; retrieve them via the Exa API.