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ML-LEE ACQUISITION v. DELOITTE & TOUCHE

No. 24676.

327 S.C. 238 (1997)

489 S.E.2d 470

ML-LEE ACQUISITION FUND, L.P., Respondent, v. DELOITTE & TOUCHE, Petitioner.

Supreme Court of South Carolina.

Decided August 11, 1997.

Attorney(s) appearing for the Case

Jefferson V. Smith, Jr., of Carter, Smith, Merriam, Rogers & Traxler, P.A., Greer; and James T. Williams, Jr. and S. Leigh Rodenbough, IV, both of Brooks, Pierce, McLendon, Humphrey & Leonard, L.L.P., Greensboro, NC, for Petitioner.

Wilbum Brewer, Jr., Marcus A. Manos, and Jennifer J. Aldrich, all of Nexsen, Pruet, Jacobs & Pollard, L.L.P., Columbia; and John D. Hughes and David A. Martland, both of Hutchins, Wheeler & Dittmar, Boston, MA, for Respondent.

MOORE, Justice:

This case is before us on a writ of certiorari to review the Court of Appeals' decision reported at 320 S.C. 143, 463 S.E.2d 618 (Ct.App.1995). We affirm in part and reverse in part.

FACTS1

Petitioner Deloitte & Touche (Accountant) was retained by Emb-Tex Corporation to audit its financial statements from 1982 through 1988. Respondent ML-Lee Acquisition Fund...

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