Judge rejects bid by PwC’s global network entity to be removed from the case, allowing Evergrande liquidators’ claims against three PwC units to proceed
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The Hong Kong High Court on Wednesday rejected an application by PwC International to be removed as a defendant from a multibillion-yuan lawsuit brought by the liquidators of China Evergrande Group over alleged financial fraud.
Hong Kong court blocks PwC International from exiting an $8.4 billion Evergrande lawsuit, allowing liquidators to pursue global…
PricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong…
Liquidators seek claims of about 38 billion yuan from PwC International for Evergrande audit failures.
Case could test liability boundaries for global audit networks
Liquidators say a HK$1 billion fund for minority shareholders could erode assets that should be preserved for creditors as they…
The ruling by a Hong Kong judge will test the big four accounting firms’ partnership network model.
