SHOOK v. UNITED STATES

No. 82-7224.

713 F.2d 662 (1983)

Robert P. SHOOK and Barbara I. Shook, Plaintiffs-Appellants, v. UNITED STATES of America, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

August 29, 1983.


Attorney(s) appearing for the Case

William Bew White, Jr., Hobart A. McWhorter, Jr., Birmingham, Ala., for plaintiffs-appellants.

Caryl P. Privett, Asst. U.S. Atty., Birmingham, Ala., Glenn L. Archer, Jr., Asst. Atty. Gen., Michael L. Paup, Chief App. Sec., Robert A. Bernstein, Mary L. Fahey, Tax Div., Dept. of Justice, Washington, D.C., for defendant-appellee.

Before TJOFLAT and VANCE, Circuit Judges, and MORGAN, Senior Circuit Judge.


VANCE, Circuit Judge:

This is an appeal by taxpayers from a summary judgment for the government for a federal income tax refund suit. We reverse.

The precise question before the court appears simple: Is there a genuine issue of material fact as to what taxpayer Barbara I. Shook settled in exchange for a $200,000 convertible note that she received? The details, however, are much more complicated.

A logical starting point is April 15, 1943 when each...

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