Legal Opinion
Bankruptcy Services, Inc. v. Ernst & Young (In Re CBI Holding Co.)
Court of Appeals for the Second Circuit
Decided June 16, 2008No. Docket 04-5972-bk(L), 04-6300-bk(XAP)PublishedCited by 145 opinions
1Opinion of the Court
WESLEY, Circuit Judge:
In August 1994, CBI Holding Company, Inc. and all but one of its subsidiaries (collectively, “CBI”) filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code. Ernst & Young and Ernst & Young LLP (together, “E & Y”), the pre-bankruptcy accountants for CBI and Defendants-Appellees in this action, filed a Proof of Claim against CBI in those proceedings for allegedly unpaid auditing and consulting services. On August 23, 1995, the United States Bankruptcy Court for the Southern District of New York (Lifland, J.) confirmed a Plan of Reorganization (“the…
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