United States Ninth Circuit

Where plaintiffs were not the intended beneficiaries of legal advice to independent trustees, the harm alleged was not a foreseeable result of that advice, the connection between the advice and the alleged injury was remote and tenuous, and counsel for the independent trustees did not assume a duty of care to the plaintiffs.

Appellate Information

• Argued 07/10/2001
• Decided 08/27/2001
• Published 08/27/2001

Judges

• GOULD, Circuit Judge:, Before:  CANBY, HAWKINS, and GOULD, Circuit Judges.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Samuel Kornhauser, San Francisco, California, for the plaintiffs-appellants., Christopher Paik, Securities and Exchange Commission, Washington, DC, for the amicus curiae.


• For Appellees:
  
• Ralph C. Alldredge, Emeryville, California, Jonathan C. Dickey, Gibson, Dunn & Crutcher, Palo Alto, California, Jacquelyn J. Garman, San Francisco, California, Vincent P. Finigan, Jr., Brobeck, Phleger, & Harrison, San Francisco, California, for the defendants-appellees.