ODDI v. AYCO CORP.

Nos. 90-1467, 90-1574.

947 F.2d 257 (1991)

Raymond D. ODDI, Plaintiff-Appellee, Cross-Appellant, v. AYCO CORPORATION, a New York corporation, Defendant-Appellant, Cross-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided October 30, 1991.

As Amended January 28, 1992.


Attorney(s) appearing for the Case

Paul S. Gerding (argued), Kenneth K. Dort, John J. Pembroke and Robert M. Greco, Schuyler, Roche & Zwirner, Chicago, Ill., for plaintiff.

H. Nicholas Berberian (argued) and Jerry M. Santangelo, Neal, Gerber & Eisenberg, Chicago, Ill., for defendant.

Before CUDAHY, FLAUM and MANION, Circuit Judges.


CUDAHY, Circuit Judge.

In this case we face the apparently novel question of who bears the burden of proving what future tax rates will be. That question along with other more technical claims of error comprise this appeal from a judgment holding Ayco Corporation, an investment counseling firm, liable to its client, Raymond Oddi, for errors of calculation it made in its presentation of investment alternatives. Both parties appeal, and we affirm.

I.

...

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