The word “privy” derives from the French word “privé” and from the Latin “privus”, both of which may be defined in English as the word “private.” Accordingly, one who is in their “privies” is in their ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Here’s something I know is keeping you up at night during the holidays when your heating bill is skyrocketing because the windows in your home leak air like the Titanic’s hull leaked water: Can I sue ...

No, not a privy, “privity”! Trust me, it’s different. So what, then, is a “privity”? Well, first off, privity is not a thing. Instead, it is a concept. For now, think magnets. I’ll come back to that ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The best approach for our analysis is to start with the seminal case on privity in the accountants' liability context. Chief Judge Benjamin Cardozo in Ultramares Corporation v. Touche et al. addressed ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

In a significant decision this summer, Schneider v. Finmann, 15 NY3d 306 (2010), the Court of Appeals loosened the privity requirements in legal malpractice actions. Specifically, in Schneider, the ...