Rajala v. Donnelly Meiners Jordan Kline, P.C.

BOGUE, District Judge,

This case stems from a corporate acquisition that ultimately resulted in the bankruptcy of the acquiring firm. Appellant is the Trustee in Bankruptcy for the estate of U.S.C. Industries, Inc. (hereinafter U.S.C.I.). The Trustee filed this action against Appellee Donnelly Meiners Jordan Kline, P.C. (hereinafter Donnelly), an accounting firm which was allegedly negligent in its evaluation of the two companies purchased by U.S.C.I. The district court 2 granted summary judgment in favor of Donnelly, reasoning that the Kansas statute of limitations, applicable under…