PwC settles CBL liquidation claim
Confidential deal agreed late last week ends $278m battle; continuing case against directors to be heard in 2025.
Separate legal proceedings after the $747m collapse of CBL will be heard in 2023, 2024, 2025 and 2026.
Liquidators of collapsed insurer CBL have settled a claim against accountancy firm PwC over its role in providing actuarial services in the years leading up to its collapse.
The existence of the settlement was discussed at a short High Court session this morning discussing the management of the
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