Quinn Insurance administrators make €1 billion claim against PWC

UPDATE: The administrators of Quinn Insurance are suing the company’s former auditors, PWC, for €1 billion over alleged negligent auditing.

29th July, 2013

The administrators of Quinn Insurance are suing the company’s former auditors, PWC, for €1 billion over alleged negligent auditing.

Mr Justice Peter Kelly today granted an application by Paul Gallagher SC, for the administrators, to fast-track the action in the Commercial Court. The bid, which was exclusively reported by the Sunday Business Post yesterday, involves the second largest claim to ever come before the court and was dismissed by PWC as "unjustified and...

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