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CHESTNUT CORP. v. PESTINE BRINATI ET AL.

Nos. 1-94-4389, 1-94-4390.

667 N.E.2d 543 (1996)

281 Ill. App.3d 719

217 Ill.Dec. 454

Chestnut CORPORATION, Plaintiff-Appellee, v. PESTINE, BRINATI, GAMER, LTD., and Robert Davidson, Defendants-Appellants.

Appellate Court of Illinois, First District, Fourth Division.

Rehearing Denied July 11, 1996.

Attorney(s) appearing for the Case

Thomas F. Falkenberg, Julie L. Trester, Randy Sue Schreiber and Michael Resis of Querrey & Harrow, Ltd., Chicago, for Appellant Pestine, Brinati, Gamer, Ltd.

Stephen R. Swofford, Steven M. Puiszis, and John R. Rapasky of Hinshaw & Culbertson, Chicago, for Appellant Robert Davidson.

Robert F. Coleman and Eugene J. Schiltz of Robert F. Coleman & Associates, Chicago, for Appellee.

Justice CAHILL delivered the opinion of the court:

We address the liability of an accountant, under the Public Accounting Act (225 ILCS 450/30.1 (1993)), for negligent misrepresentation to a third party with whom the accountant is not in privity. The trial court denied a motion for summary judgment (735 ILCS 5/2-1005 (West 1994)) by one defendant and a motion to dismiss (735 ILCS 5/2-615 (West 1994)) by the other based upon the court's reading of section 30.1 of the...

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