JOHNSON BANK v. GEORGE KORBAKES & CO., LLP

No. 05-3580.

472 F.3d 439 (2006)

JOHNSON BANK, Plaintiff-Appellant, v. GEORGE KORBAKES & CO., LLP, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided December 18, 2006.


Attorney(s) appearing for the Case

Albert Solochek (argued), Howard, Solochek & Weber, Milwaukee, WI, for Plaintiff-Appellant.

Peter D. Sullivan (argued), Timothy G. Shelton, Hinshaw & Culbertson, Chicago, IL, for Defendant-Appellee.

Before EASTERBROOK, Chief Judge, and POSNER and SYKES, Circuit Judges.


POSNER, Circuit Judge.

In this diversity suit governed by Illinois law, a bank complains that it lost money as a result of errors in an audit of one of its borrowers, Brandon Apparel Group, Inc., by the defendant, GKCO. The bank contends both that it is a third-party beneficiary of the letter contract by which Brandon retained GKCO to conduct the audit and that GKCO committed the tort of negligent misrepresentation. The district...

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