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BDO International Escapes Liability for Mistakes of Member Firm by Thomas R. Manisero Wilson Elser Moskowitz Edelman & Dicker LLP - New York Office
William J. Kelly Wilson Elser Moskowitz Edelman & Dicker LLP - White Plains Office
H. Steven Vogel Wilson Elser Moskowitz Edelman & Dicker LLP - Miami Office
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July 8, 2009
Previously published on June 2009
In a case closely watched by the accounting profession, a jury took only one hour to render a verdict in favor of BDO International (now known as BDO Global Coordination B.V.), saving that company, the umbrella organization of the BDO network, from huge vicarious liability for the acts of one of its member firms, BDO Seidman.
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