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 ...

Parties to real estate contracts often change over time, whether as the result of an assignment, financing, or otherwise. Relatedly, additional parties (beyond those named in the underlying contract) ...

In recent years, a few law firms have made a cottage industry of enticing condominium home owners associations to sue the project developers over many issues, very often for alleged construction ...

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 ...

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.

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 ...

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 ...

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 ...

An attorney who caused a woman to lose an inheritance of over $100,000 when he lost a will can be held liable for negligence even though there was no privity between them, the Court of Special Appeals ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

One of the fastest-growing branches of U.S. litigation is product-design liability suits against manufacturers, claiming that faultily designed products caused serious injuries or deaths. “This ...