Legal Opinion

Ackerman v. Price Waterhouse

Appellate Division of the Supreme Court of the State of New York

Decided December 1, 1998PublishedCited by 106 opinions

1Opinion of the Court

OPINION OF THE COURT

Mazzarelli, J.

In these consolidated appeals,1 important issues are raised involving the liability of professional accountants for allegedly negligent tax advice rendered to the individual limited partners of 54 cosponsored limited partnerships. Among the issues to be resolved are whether the IAS Court properly denied the Ackerman plaintiffs’ four separate motions for class action certification, whether defendant Price Waterhouse is entitled to summary judgment based upon the plaintiffs’ inability to *184demonstrate reliance on defendant’s alleged misrepresentations, or because…

2Cases cited65 opinions

  1. Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
  2. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  3. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  4. Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
  5. Glanzer v. . ShepardNew York Court of Appeals · 1922

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3Cited by106 opinions

  1. Gariety v. Grant Thornton, LLPCourt of Appeals for the Fourth Circuit · 2004
  2. Kaufman v. I-Stat Corp.Supreme Court of New Jersey · 2000
  3. RamiroAviles v. S&P Global, Inc.District Court, S.D. Illinois · 2019
  4. Licci ex rel. Licci v. Lebanese Canadian Bank, SALCourt of Appeals for the Second Circuit · 2013
  5. Kurtz v. Kimberly-Clark Corp.District Court, E.D. New York · 2017

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