Legal Opinion

D. Bruce McMahan v. William A. Toto

Court of Appeals for the Eleventh Circuit

Decided July 10, 2001No. 00-10323, 00-14728Published

1Opinion of the Court

CARNES, Circuit Judge:

Along with several other limited partners in McMahan, Brafman, Morgan & Company (“MBM”), William A. Toto filed a RICO action in federal court in New York against that company and D. Bruce McMahan after the Internal Revenue Service imposed penalties and disallowed deductions related to the company that he and the other limited partners had claimed. Several of the limited partners in that suit were dismissed, because their claims were precluded by release and assignment provisions contained in agreements between them and McMahan, MBM’s principal general partner, in which…

2Cases cited34 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  3. Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
  4. Salve Regina College v. RussellSupreme Court of the United States · 1991
  5. Sun Oil Co. v. WortmanSupreme Court of the United States · 1988

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