Deloitte Prevails In Appeal Of Negligence Suit

Law360, New York (August 8, 2008, 12:00 AM EDT) -- A federal appeals court has dashed a bid by an auto warranty provider to revive allegations of professional negligence against Deloitte & Touche LLP and subsidiaries, saying the claims have long passed their due date.

In a decision handed down Friday, the U.S. Court of Appeals for the Eighth Circuit affirmed the U.S. District Court for the District of Nebraska's dismissal of the claims brought by Arkansas-based Auto Services Co. Inc., which accused Deloitte and fellow accounting firm KPMG LLP of shoddy work in preparing financial...
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