Canaveral Capital Corp. v. Bruce, 68--11

Decision Date08 October 1968
Docket NumberNo. 68--11,68--11
CitationCanaveral Capital Corp. v. Bruce, 214 So.2d 505 (Fla. App. 1968)
PartiesCANAVERAL CAPITAL CORPORATION, a Florida corporation, Appellant, v. Robert B. BRUCE, Appellee.
CourtFlorida District Court of Appeals

Stanley Haves, Miami, for appellant.

Dixon, DeJarnette, Bradford, Williams, McKay & Kimbrell and James H. Walsh, Miami, for appellee.

Before CHARLES CARROLL, C.J., and BARKDULL and HENDRY, JJ.

PER CURIAM.

This is an appeal by the plaintiff below from an adverse judgment entered on a jury verdict. The action was one charging the defendant, a certified public accountant, with negligence in preparation of a financial statement for lenders, on which the plaintiff relied in making a loan. The determinative question is whether the verdict was against the manifest weight of the evidence. On motions for judgment n.o.v. and for new trial the trial court rejected that contention of the plaintiff, and on consideration of the record and briefs on this appeal we agree with that ruling of the trial court.

The defendant accountant was not employed by the plaintiff. Assuming negligence as alleged on the part of the accountant, his liability to a third party with whom he was not in privity (if in fact such liability exists, see Sickler v. Indian River Abstract & Guaranty Co., 142 Fla. 528, 195 So. 195, 198) would require a showing on the part of the plaintiff third party that the accountant had been guilty of gross negligence, or, having knowledge that the third party intended to rely on the...

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8 cases
  • Credit Alliance Corp. v. Arthur Andersen & Co.
    • United States
    • New York Court of Appeals Court of Appeals
    • July 2, 1985
    ...for negligence to nonprivy parties--even those the accountant knew or should have known were relying on his audit]; Canaveral Capital Corp. v. Bruce, 214 So.2d 505 [Fla.App.] [no liability to nonprivy parties absent fraud or gross negligence]. On the other hand, an increasing number of cour......
  • Coopers & Lybrand v. Trustees of Archdiocese of Miami/Diocese of St. Petersburg Health & Welfare Plan
    • United States
    • Florida District Court of Appeals
    • December 6, 1988
    ...Dubbin v. Touche Ross & Co., 324 So.2d 128 (Fla. 3d DCA 1975), cert. denied, 336 So.2d 1181 (Fla.1976); Canaveral Capital Corp. v. Bruce, 214 So.2d 505 (Fla. 3d DCA 1968); Dantzler Lumber & Export Co. v. Columbia Casualty Co., 115 Fla. 541, 156 So. 116 (1934) (cause of action lies for negli......
  • Gallichio v. Corporate Group Service, Inc.
    • United States
    • Florida District Court of Appeals
    • October 21, 1969
    ...action. Appellee cites Sickler v. Indian River Abstract & Guaranty Co., 142 Fla. 528, 195 So. 195 (1940), and Canaveral Capital Corporation v. Bruce, Fla.App.1968, 214 So.2d 505, as authority for a contradictory holding. The rule set forth in those cases is that a defendant is not liable fo......
  • Sherman v. Hallbauer
    • United States
    • U.S. Court of Appeals — Fifth Circuit
    • February 16, 1972
    ...by one foreseeably relying on its representations that "gross negligence" was involved in their preparation. Canaveral Capital Corp. v. Bruce, 1968, Fla.App., 214 So.2d 505. We think this standard represents an effort to stake out a middle position between the harsh Stickler rule and full e......
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