Legal Opinion
Toro Co. v. Krouse, Kern & Co.
Court of Appeals for the Seventh Circuit
Decided August 19, 1987No. 86-2800PublishedCited by 17 opinions
1Opinion of the Court
RIPPLE, Circuit Judge.
In this diversity case, we are asked to review the judgment of the district court which held that the defendant accounting firm and individual accountants were not liable for alleged negligence to the plaintiff corporations, third parties who allegedly relied upon the reports of the accountants in extending credit to the accountants’ client. For the reasons set forth in the following opinion, we affirm the judgment of the district court.
I
Background
This case involves certain accounting services provided by an accounting firm, Krouse, Kern & Company, Inc. (Krouse) to…
2Cases cited20 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Glanzer v. . ShepardNew York Court of Appeals · 1922
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3Cited by17 opinions
- Raritan River Steel Co. v. Cherry, Bekaert & HollandSupreme Court of North Carolina · 1988
- In the Matter of Paul C. Wildman, Debtors. Appeals of Harris Trust and Savings Bank, Cross-Appellant v. Mitchell Edelson, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1988
- Jerry Ackerman v. Howard K. Schwartz and Bassey, Selesko and Couzens P.C.Court of Appeals for the Seventh Circuit · 1991
- Phigenix, Inc. v. Immunogen, Inc.Court of Appeals for the Federal Circuit · 2017
- Colonial Bank v. Ridley & SchweigertSupreme Court of Alabama · 1989
12 more not listed; retrieve them via the Exa API.