FEDERATED INDUSTRIES, INC. v. REISIN

No. 1-09-1487.

927 N.E.2d 1253 (2010)

FEDERATED INDUSTRIES, INC., James L. Edelstein, Individually and as Trustee of the James L. Edelstein Revocable Trust U/A/D 817/80, the JLE Gift Trust, and the JLE Discretionary Trust, Joel Lee Edelstein, Individually and as Trustee of the Joel E. Support Trust and the Joel E. Discretionary Trust and Marcy Edelstein, Plaintiffs-Appellants, v. Richard A. REISIN and Ostrow Reisin Berk and Abrams, Ltd., Defendants-Appellees.

Appellate Court of Illinois, First District, Third Division.

May 5, 2010.


Attorney(s) appearing for the Case

Neal, Gerber & Eisenberg, LLP, of Chicago (Stephen Fedo and Patrick Frye, of counsel), for Appellants.

Cassidy & Schade, LLP, of Chicago (Julie A. Teuscher and Scott J. Brown, of counsel), for Appellees.


MODIFIED UPON REHEARING

Justice QUINN delivered the opinion of the court:

Plaintiffs filed an accountant malpractice action against defendants, Richard A. Reisin and Ostrow, Reisin, Berk & Abrams, Ltd. (ORBA), alleging that defendants negligently provided accounting services, resulting in additional taxes and penalties to plaintiffs. The circuit court granted defendants' motion under section 2-619...

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