District Court, D. Colorado November 18, 1997, No. CIV. A. 94-WM-614 (Kelver v. United States)

MEMORANDUM OPINION AND ORDER

MILLER, District Judge.

This matter is before me on the government’s motion for summary judgment. For the reasons set forth below, the motion is granted.

Background

William Kelver and Richard Lotz were the officers, directors and shareholders of Media Acquisitions, Inc. (“MA”) throughout its entire existence. Mr. Kelver owned 48% of MA’s stock. Mr.