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New York's high court rejects attempts to expand liability of outside professional service providers for failing to detect corporate fraud
- Sheppard Mullin Richter & Hampton LLP
- -
- USA
- -
- October 27 2010
In Kirschner v. KPMG LLP, 2010 NY Slip Op. 07415, 2010 WL 4116609 (N.Y. Oct. 21, 2010), a majority of the New York Court of Appeals declined to expand liability of outside professional service providers who allegedly failed to detect or stop corporate wrongdoing
