Carolyn Ackerman et al., Appellants,
v.
Price Waterhouse, Respondent
Carolyn Ackerman et al., Respondents,
v.
Price Waterhouse, Appellant
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
December 1, 1998
December 1, 1998
Attorney(s) appearing for the Case
Richard J. Schager, Jr., of counsel (Michelle Rago, Ronald D. Lefton and Steven G. Sonet on the brief; Stamell & Schager, L. L. P.; Camhy Karlinsky & Stein, L. L. P.; and Levy, Sonet & Siegel, attorneys), for appellants/respondents.
David W. Rivkin of counsel (Mark W. Friedman, Leigh R. Schachter and Rodman W. Benedict, Deputy General Counsel, on the brief; Debevoise & Plimpton, and Price Waterhouse, L. L. P., attorneys), for Price Waterhouse, respondent/appellant.
ELLERIN, J. P., RUBIN and ANDRIAS, JJ., concur with MAZZARELLI, J.; TOM, J., concurs in a separate opinion.
Appellate Division of the Supreme Court of the State of New York, First Department.
MAZZARELLI, J.
In these consolidated appeals,1 important issues are raised involving the liability of professional accountants for allegedly negligent tax advice rendered to the individual limited partners of 54 cosponsored limited partnerships. Among the issues to be resolved are whether the IAS Court properly denied the Ackerman plaintiffs' four separate motions for class action...
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