Legal Opinion
ML-Lee Acquisition Fund, L.P. v. Deloitte & Touche
Court of Appeals of South Carolina
Decided August 21, 1995No. 2391PublishedCited by 14 opinions
1Opinion of the Court
Howell, Chief Judge:
In this negligent misrepresentation case, ML-Lee Acquisition Fund, L.R (ML-Lee) appeals the trial court’s grant of summary judgment in favor of Deloitte & Touche (Deloitte). We affirm in part, reverse in part, and remand.
I
Emb-Tex Corporation (Emb-Tex), formed in 1962, is a textile embroidery facility in Travelers Rest, South Carolina. Emb-Tex was a subsidiary and sole material asset of ETC Corporation (ETC). Until 1979, Emb-Tex was operated as a family-owned business. Between 1979 and 1986, Emb-Tex was the subject of three leveraged buyouts before being purchased in…
2Cases cited30 opinions
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Bily v. Arthur Young & Co.California Supreme Court · 1992
- H. Rosenblum, Inc. v. AdlerSupreme Court of New Jersey · 1983
- Raritan River Steel Co. v. Cherry, Bekaert & HollandSupreme Court of North Carolina · 1988
- McCall v. BatsonSupreme Court of South Carolina · 1985
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3Cited by14 opinions
- Private Mortgage Investment Services, Incorporated v. Hotel and Club Associates, Incorporated Andy HindsCourt of Appeals for the Fourth Circuit · 2002
- ML-Lee Acquisition Fund, L.P. v. DeloitteSupreme Court of South Carolina · 1997
- Walpert, Smullian & Blumenthal, P.A. v. KatzCourt of Appeals of Maryland · 2000
- North American Specialty Insurance v. LapalmeCourt of Appeals for the First Circuit · 2001
- Medical Univ. of South Carolina v. ArnaudSupreme Court of South Carolina · 2004
9 more not listed; retrieve them via the Exa API.