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PwC to Face Trial Relating to Evergrande Collapse
Summary by China Economic Review
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The Hong Kong High Court rejected PricewaterhouseCoopers International's application for set-off, requiring it to continue responding to a massive claim brought by the liquidators of Evergrande Group. (Jack Taylor/Getty Images)
·New York, United States
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PwC to face trial relating to Evergrande collapse
The liquidators of collapsed developer China Evergrande Group have won a legal victory against PricewaterhouseCoopers (PwC) International, indicating that the firm and two other units of the accounting giant would need to jointly face the largest corporate lawsuit claims in Hong Kong, reports the South China Morning Post. Deputy High Court Judge Patrick Fung Pak-tung rejected […]
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