Maxwell v. KPMG LLP
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Circuit Judge.
The plaintiff is the Chapter 7 bankruptcy trustee of a company named march-FIRST. He brought this suit against KPMG, the accounting firm, claiming that marchFIRST had been harmed as a result of the accounting firm’s having breached its duty of care in violation of Illinois tort law. He seeks more than $600 million in damages. The district judge withdrew the case from the bankruptcy court and ultimately granted summary judgment in the defendant’s favor.
KPMG was the auditor of a firm called Whittman-Hart, which offered consulting services in information technology. In the…
2Cases cited13 opinions
- Summers v. TiceCalifornia Supreme Court · 1948
- Nancy R. Murray, Plaintiff-Petitioner v. Gmac Mortgage Corporation, Doing Business as ditech.com, Defendant-RespondentCourt of Appeals for the Seventh Circuit · 2006
- In the Matter of Cohoes Industrial Terminal, Inc., Debtor. Leon C. Baker, Cross-Appellee v. Latham Sparrowbush Associates, Cross-AppellantCourt of Appeals for the Second Circuit · 1991
- Louis A. Movitz, as Trustee, and Estock Corporation, N v. V. First National Bank of Chicago, Cross-AppelleeCourt of Appeals for the First Circuit · 1998
- In Re Ronald Roete, Debtor (Appellee Below). Ronald Roete v. Charles Smith and Carol SmithCourt of Appeals for the Seventh Circuit · 1991
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