• New York Court Reaffirms Strong In Pari Delicto Defense
  • November 1, 2010 | Authors: Dana S. Douglas; Brian J. Massengill; Jonathan C. Medow
  • Law Firm: Mayer Brown LLP - Chicago Office
  • In a decision of significance for any professional service firm, the New York Court of Appeals forcefully reaffirmed the common-law doctrine of in pari delicto as a bar against claims by corporate representatives against outside auditors who fail to uncover the corporation’s own wrongdoing.