E&Y threatens Equitable with defamation lawsuit

Martin, Matthew
September 2005
Finance Week (Centaur Communications);9/28/2005, p1
Trade Publication
Reports on the plans of Ernst & Young LLP to file legal action against Equitable Life Insurance Co. over the insurer's continued claims that its audit work was negligent in Great Britain. Presentation of an opportunity for a defamation case; Terms of the settlement agreement; Assessment of the collapse of Equitable's case.


Related Articles

  • Equitable focuses on £2bn loss of sale claim. Harris, Joanne // Lawyer;7/4/2005, Vol. 19 Issue 26, p4 

    The article focuses on the company Equitable Life Insurance Co.'s trial. It got complicated last week as Equitable's legal team decided against amending its claim for a sixth time, instead deciding to pursue the majority of the 2.6bn-pound action. Last Monday Equitable's counsel, Iain Milligan...

  • E&Y confident as Equitable case goes to court.  // Accountancy;Mar2005, Vol. 135 Issue 1339, p8 

    Reports on the confidence of the accounting firm Ernst & Young that it will win a case against Equitable Life. Information on the case.

  • Ernst & Young: the Enron specter casts long shadows.  // MarketWatch: Financial Services;February 2003, Vol. 2 Issue 2, p11 

    Reports on the Equitable Life's filing of legal action against the auditors Ernst and Young. Equitable's crisis in guaranteed annuities; High-risk exposure of Equitable; Estimated legal cost.

  • Equitable Life left with £40m legal bill after dropping negligence claim. Harris, Joanne // Lawyer;9/26/2005, Vol. 19 Issue 37, p2 

    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...

  • E&Y vows to fight Equitable case. Evans, Chris // Accountancy;Feb2005, Vol. 135 Issue 1338, p5 

    Reports on the prospect of Ernst & Young settling over Equitable Life's lawsuit against it as of February 2005. Amount of money Ernst & Young has spent on preparing for the case; Result of the insurer's policy of paying out guaranteed pensions; Possibility of Equitable's lawyers having to argue...

  • The world: Insurer sues directors and author. Skeffington, Robert; Le Mesurier, Kristen; Tandukar, Amita // BRW;4/14/2005, Vol. 27 Issue 14, p81 

    Reports on the lawsuit filed by Equitable Life Assurance Society against Ernst & Young.

  • Equitable court case opens with £2bn claim against auditors.  // Money Marketing;4/14/2005, p5 

    This article reports that life insurance firm Equitable Life Insurance Co. is taking on its former auditors Ernst & Young (E&Y) LLP and 15 former directors in one of the British biggest-ever corporate legal battles which is expected to cost over £100m. The court case opened on Monday with...

  • Proving the case for auditor negligence.  // Finance Week (Centaur Communications);9/28/2005, p2 

    Comments on the decision of Equitable Life Insurance Co. to drop its negligence claim against Ernst & Young LLP in Great Britain. Assessment of two gross over-simplifications that claimants and their solicitors make when considering claims against professional defendants; Inability of the...

  • Equitable won't water down claim against E&Y.  // Accountancy;Jul2005, Vol. 136 Issue 1343, p15 

    Reports on a 2005 decision of the insurance company Equitable Life not to drop a lawsuit it filed against Ernst & Young in the British High Court.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics