CBLI liquidators lose ground with ‘frivolous’ PwC suit
High Court strikes out parts of $278m claim, caps damages sought at 5x fees paid.
Reweti Kohere
Fri, 18 Jun 2021
PwC’s appointed actuaries of CBL Insurance have succeeded in having alleged breaches of the insurance regulatory regime struck out.
But the High Court has given the defunct insurer’s liquidators a chance to re-plead a $278 million damages claim against the Big Four accounting firm that went
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Reweti Kohere
Fri, 18 Jun 2021
Contact the Writer: reweti@nbr.co.nz
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CBLI liquidators lose ground with ‘frivolous’ PwC suit
Law,
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