TITLE

Equitable Life left with £40m legal bill after dropping negligence claim

AUTHOR(S)
Harris, Joanne
PUB. DATE
September 2005
SOURCE
Lawyer;9/26/2005, Vol. 19 Issue 37, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decision of Equitable Life Insurance Co. to drop its negligence claim against its former auditor Ernst & Young LLP in Great Britain. Estimated amount spent by the insurance company on legal fees; Equitable's decision to continue its litigation against former executives and non-executive directors; Comments of Equitable chairman Vanni Treves about the settlement.
ACCESSION #
18454626

 

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