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WICHITA FED'L SAVINGS & LOAN ASS'N v. BLACK

No. 63,120

245 Kan. 523 (1989)

781 P.2d 707

WICHITA FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellee/Cross-Appellant, v. GALE D. BLACK, Appellant/Cross-Appellee.

Supreme Court of Kansas.

Opinion filed October 27, 1989.

Attorney(s) appearing for the Case

Clifford L. Malone, of Adams, Jones, Robinson and Malone, Chartered, of Wichita, argued the cause, and Larry D. Spurgeon, of the same firm, was with him on the briefs for appellant.

Alexander B. Mitchell II, of Klenda, Mitchell, Austerman & Zuercher, of Wichita, argued the cause, and John B. Gilliam, of the same firm, was with him on the briefs for appellee.

The opinion of the court was delivered by

E. NEWTON VICKERS, District Judge, Assigned:

Gale Black, the former President and Chairman of the Board of Wichita Federal Savings and Loan Association (Wichita Federal), appeals from a $17,537,185.75 judgment against him for his negligence in financial futures trading on behalf of Wichita Federal. Wichita Federal cross-appeals the district court's denial of prejudgment interest on the damages.

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