Bily v. Arthur Young & Co.

Supreme Court of California · Decided 1992-08-27

Cited by 383 later decision(s) in our corpus · see the citation network in Lexace

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Opinion LUCAS, C. J. We granted review to consider whether and to what extent an accountant’s duty of care in the preparation of an independent audit of a client’s financial statements extends to persons other than the client. Since Chief Judge Cardozo’s seminal opinion in Ultramares Corp. v. Touche (1931) <a href="/opinion/3620050…

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