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Case Summary

0035 For damages resulting from an inaccurate audit prepared for a client, an accountant is liable for general negligence
only to express third party beneficiaries, for negligent misrepresentation only to persons s/he intended to influence, and for fraudulent misrepresentation to any foreseeable plaintiff.

Citation

BILY v ARTHUR YOUNG (Auditor's Liability) 3 C4 370 [See: Ultramares v Touche 174 NE 441; Credit v Andersen 483 NE2 110; Citizens v Timm 335 NW2 361; Rest2 of Torts 552; International v Butler 177 CA3 806]

1992 Case Summaries


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DEC: 065 | 066 | 067 | 068 | 069 | 070 | 071 | 072 | 073 | 074 | 075 | 076 | 077 | 078 |

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