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: InhouseBlog - News and Jobs for Inhouse CounselBusiness Busts Pose Risk for Lawyers, Accountants
By Law.com
The past decade has seen a significant rise in lawsuits brought by bankruptcy trustees or receivers against an insolvent company’s former accountants and attorneys. Attorneys Rene D. Harrod and John D. Eaton review a sample of such actions and consider how courts and litigants are responding to them — including the in pari delicto doctrine against plaintiffs recovering for their own wrongdoing, and the mixed reviews being given to “deepening insolvency” as a cause of action.
Business Busts Pose Risk for Lawyers, Accountants
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Full post as published by InhouseBlog - News and Jobs for Inhouse Counsel on April 23, 2008 (boomark / email).
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