Professional Liability

This broad area of law has taken on new significance in the wake of the scandals that have plagued the corporate world in recent years. When a company finds itself in trouble, there are often others who have been involved that may have aided or participated in the damage to the company. Accountants, auditors, attorneys, investment bankers and other professionals may play a role in the demise or damage an individual or a corporation incurs. Munsch Hardt's Business Litigation group has represented its clients' interests against professionals in all these fields and often finds itself involved in litigation on a national scale. Knowing the duties and obligations owed to clients by a particular professional is vital in analyzing and framing claims on behalf of the entity or individual. There has been a recent trend to limit the liabilities of professionals based on various emerging theories including in pari delicto. Munsch Hardt's litigators are well-versed in these emerging areas of law and advise clients on the viability of claims against professionals.

• Representation of a Chapter 11 trustee in the bankruptcy against the company's auditors.
• Representation of several Chapter 11 trustees in bankruptcies.