EASTERBROOK, Chief Judge. Bank of America lost about $34 million when Knight Industries, Knight Quartz Flooring, and KnighL-Celotex (collectively Knight) went bankrupt. It contends in this suit under the diversity jurisdiction that Knight’s directors and managers looted the firm and that its accountants failed to detect the defalcations. The parties agree that Illinois law supplies the rule of decision. The district court di…
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