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BDO SEIDMAN LLP v. STRATEGIC RESOURCES CORPORATION

70 A.D.3d 556 (2010)

BDO SEIDMAN LLP, Respondent, v. STRATEGIC RESOURCES CORPORATION et al., Appellants.

Appellate Division of the Supreme Court of New York, First Department.

Decided February 23, 2010.

Defendant Strategic Resources Corporation (SRC) managed the day-to-day operations of nonparty Phoenix Four, Inc., a mutual fund. SRC began providing services to Phoenix in or around 1994. At the same time, Phoenix retained plaintiff BDO Seidman (BDO) to provide it with accounting services. Phoenix terminated its relationship with BDO in or about 2002, and it stopped using SRC's services in 2004. In May 2005, Phoenix commenced an...

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