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Origin > Posts tagged "Fiduciary Duties in Insolvency"

Tag: Fiduciary Duties in Insolvency

PwC Sues KPMG for $1.4 Billion Over Bridging Finance Collapse: A Test Case for Auditor Liability

  • CASE LAW
by GLT Editors - July 8, 2025July 8, 2025 3417

Professional Negligence | Breach of Contract | Fiduciary Duties in Insolvency In a legal development that may reshape the landscape of auditor accountability in Canada, PwC has launched a $1.4 billion lawsuit against KPMG LLP, alleging gross negligence in its audit of the now-defunct private lender Bridging Finance Inc. The suit, filed

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