Legal Opinion
Prudential Insurance v. Dewey, Ballantine, Bushby, Palmer & Wood
New York Court of Appeals
Decided November 19, 1992PublishedCited by 193 opinions
1Opinion of the Court
OPINION OF THE COURT
Titone, J.
Pursuant to its client’s instructions, defendant law firm furnished to plaintiff third party an opinion letter that assertedly contained false assurances. While a law firm supplying such a letter may have a duty running to the third parties, the record in this case does not support the conclusion that the assertion in the opinion letter caused plaintiff’s loss. We thus conclude that summary judgment was properly awarded to this defendant.
*380I
The relevant facts are essentially undisputed and can be briefly summarized. In early 1986, United States Lines (U.S. Lines),…
2Cases cited8 opinions
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Glanzer v. . ShepardNew York Court of Appeals · 1922
- White v. GuarenteNew York Court of Appeals · 1977
- Ossining Union Free School District v. AndersonNew York Court of Appeals · 1989
- Security Pacific Business Credit, Inc. v. Peat Marwick Main & Co.New York Court of Appeals · 1992
3 more not listed; retrieve them via the Exa API.
3Cited by193 opinions
- McCoy v. FeinmanNew York Court of Appeals · 2002
- Caprer v. NussbaumAppellate Division of the Supreme Court of the State of New York · 2006
- State of California Public Employees' Retirement System v. Shearman & SterlingNew York Court of Appeals · 2000
- Pension Committee of the University of Montreal Pension Plan v. Banc of America Securities, LLCDistrict Court, S.D. New York · 2006
- Aetna Casualty And Surety Co. v. Aniero Concrete Co.Court of Appeals for the Second Circuit · 2005
188 more not listed; retrieve them via the Exa API.