Legal Opinion
Federal Deposit Insurance Corporation v. Ernst & Young
Court of Appeals for the Fifth Circuit
Decided August 3, 1992No. 91-7193PublishedCited by 118 opinions
1Opinion of the Court
JERRE S. WILLIAMS, Circuit Judge:
The Federal Deposit Insurance Corporation brought suit against Ernst & Young. The suit asserts that Arthur Young & Company and its successor Ernst & Young both negligently audited Western Savings Association and breached their contracts to audit Western Savings. The district court dismissed the breach of contract action for failure to state a claim. The court also granted Ernst & Young’s motion for summary judgment on the negligence claim. The Federal Deposit Insurance Corporation appeals the two rulings.
I. FACTS
On August 30, 1982, Jarrett E. Woods, Jr.…
2Cases cited21 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Coryell v. PhippsSupreme Court of the United States · 1943
- Turoso v. Cleveland Municipal CourtSupreme Court of the United States · 1982
- Cenco Inc. v. Seidman & SeidmanCourt of Appeals for the Seventh Circuit · 1982
- Lucas v. Texas Industries, Inc.Texas Supreme Court · 1984
16 more not listed; retrieve them via the Exa API.
3Cited by118 opinions
- Official Committee Of The Unsecured Creditors Of Color Tile, Inc. v. Coopers & Lybrand, LlpCourt of Appeals for the Second Circuit · 2003
- Rubinstein v. CollinsCourt of Appeals for the Fifth Circuit · 1994
- Askanase v. FatjoCourt of Appeals for the Fifth Circuit · 1997
- Official Committee of Unsecured Creditors of Color Tile, Inc. v. Coopers & Lybrand, LLPCourt of Appeals for the Second Circuit · 2003
- Clifford Duhon v. Texaco, Inc.Court of Appeals for the Fifth Circuit · 1994
113 more not listed; retrieve them via the Exa API.