PwC Can't Avoid Tobacco Co.'s $800M Negligence Suit

Law360, London (January 11, 2021, 4:23 PM GMT) -- A London appeals court on Monday rejected PricewaterhouseCoopers' bid to block an $800 million negligence lawsuit brought by a subsidiary of British American Tobacco, rejecting the auditing giant's argument that earlier litigation involving the same issues barred the current lawsuit.

An attempt by PricewaterhouseCoopers to block an $800 million negligence lawsuit has been thrown out by the Court of Appeal in London. (iStock) The Court of Appeal said the lower court was right to find in November 2019 that BTI 2014 LLC's case accusing the auditor of giving bad advice to a company embroiled in an expensive environmental cleanup was "sufficiently...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!