USA v. Danny Fort, et al, No. 10-13053 (11th Cir. 2011)
Annotate this CaseDefendant appealed a grant of summary judgment in favor of the United States when the government brought an action against him to recover a tax refund of over $300,000 that it contended was erroneously refunded. At issue was whether the district court properly granted summary judgment where defendant filed an amended tax refund in 2000 asserting that he did not realize income in 2000 from the restricted shares he received as a partner at Ernst & Young. The court held that the district court did not err in granting summary judgment where defendant realized income at the time the restricted shares were transferred into his account in 2000 when he constructively received the shares in 2000, he bore the risk of share appreciation or depreciation, and he possessed indicia of control over the shares.
Some case metadata and case summaries were written with the help of AI, which can produce inaccuracies. You should read the full case before relying on it for legal research purposes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.