Judge Withholds Approval For KPMG Shelter Settlement

October 2005
Public Accounting Report;10/15/2005, Vol. 29 Issue 19, p1
Reports that a settlement between KPMG and Sidley, Austin, Brown & Wood, to settle a lawsuit over questionable tax sheters, is on hold following U.S. District Judge Dennis M. Cavanaugh's October 7, 2005 decision to refuse preliminary approval for the agreement. Value of the shelter settlement; Reason behind Cavanaugh's decision; Terms of the settlement agreement.


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