Quinn insurance battle with PwC to be marathon
Court of Appeal judge says‘mammoth’ case will run for over year partly due to its complexity
A Court of Appeal judge has said the “mammoth” and complex €800 million negligence action the administrators of Quinn Insurance (QIL) are taking against the firm’s auditors PwC will likely run for over a year at trial.
QIL is suing PwC for alleged negligence, breach of contract and breach of duty in its auditing of the insurer’s books between 2005 and 2008.
The essence of the claim is that the auditors materially underestimated ...
