Legal Opinion

Baena v. KPMG LLP

Court of Appeals for the First Circuit

Decided June 22, 2006No. 05-2868PublishedCited by 63 opinions

1Opinion of the Court

BOUDIN, Chief Judge.

Lernout & Hauspie Speech Products, N.V. (“L & H”) was a Belgian company, with its U.S. headquarters in Massachusetts, engaged in developing and licensing speech recognition software. Its first public stock offering occurred in 1995. From 1998 to 2000, it reported soaring revenues and profits and acquired other companies; in March 2000, it contracted to acquire two U.S. companies — Dictaphone Corp. (“Dictaphone”) and Dragon Systems, Inc. (“Dragon”) — and took on massive new debt in connection with these acquisitions.

In August 2000, newspaper stories triggered investigations…

2Cases cited36 opinions

  1. Warth v. SeldinSupreme Court of the United States · 1975
  2. Steel Co. v. Citizens for a Better EnvironmentSupreme Court of the United States · 1998
  3. Valley Forge Christian College v. Americans United for Separation of Church and State, Inc.Supreme Court of the United States · 1982
  4. O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
  5. Rogan v. MeninoCourt of Appeals for the First Circuit · 1999

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3Cited by63 opinions

  1. Nisselson v. LernoutCourt of Appeals for the First Circuit · 2006
  2. Kirschner v. KPMG LLPNew York Court of Appeals · 2010
  3. Ernest Cadet v. State of Florida Department of CorrectionsCourt of Appeals for the Eleventh Circuit · 2017
  4. Gray v. Evercore Restructuring L.L.C.Court of Appeals for the First Circuit · 2008
  5. Adelphia Communications Corp. v. Bank of America, N.A. (In Re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2007

58 more not listed; retrieve them via the Exa API.

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