Deloitte fights $60m action

Accountancy firm Deloitte will appear in the High Court this week to defend a $60 million legal action brought against it and two related firms by a Dublin insurance company.

Ian Kehoe - avatar

Ian Kehoe

22nd April, 2006

Accountancy firm Deloitte will appear in the High Court this week to defend a $60 million legal action brought against it and two related firms by a Dublin insurance company.

ESG Re, a reinsurance specialist, is claiming that the three Deloitte firms were negligent and in breach of their duties to provide accounting services.

As a result, the company is claiming it suffered a substantial loss of business.

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