Legal Opinion
Fehribach v. Ernst & Young LLP
Court of Appeals for the Seventh Circuit
Decided July 17, 2007No. 06-3366PublishedCited by 25 opinions
1Opinion of the Court
POSNER, Circuit Judge.
The plaintiff is the trustee of Taurus Foods, Inc., a small company engaged in the distribution of frozen meats and other foods, which was forced into bankruptcy under Chapter 7 of the Bankruptcy Code by three of its creditors. The suit charges the company’s auditor, Ernst & Young, with negligence and breach of contract in failing to include a going-concern qualification in an audit report. The charges are governed by Indiana’s Accountancy Act of 2001 because they arise out of an agreement to provide professional accounting services. Ind.Code § 25-2.1-1-1. The case is…
2Cases cited20 opinions
- Rowland v. California Men's Colony, Unit II Men's Advisory CouncilSupreme Court of the United States · 1993
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Bily v. Arthur Young & Co.California Supreme Court · 1992
- Cenco Inc. v. Seidman & SeidmanCourt of Appeals for the Seventh Circuit · 1982
- Emily Rivera v. City of ChicagoCourt of Appeals for the Seventh Circuit · 2006
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3Cited by25 opinions
- Kirschner v. K & L Gates LLPSupreme Court of Pennsylvania · 2012
- First Federal Savings & Loan Ass'n v. United StatesUnited States Court of Federal Claims · 2009
- Maxwell v. KPMG LLPCourt of Appeals for the Seventh Circuit · 2008
- Grede v. Bank of New York MellonDistrict Court, N.D. Illinois · 2010
- MF Global Holdings Ltd. v. PricewaterhouseCoopers LLPDistrict Court, S.D. New York · 2016
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