Belgrave Finance auditor loses bid to throw out accusations of negligence

Tue, 13 Nov 2012

By Paul McBeth Nov. 13 (BusinessDesk) - Accounting firm Hayes Knight has lost a bid to throw out accusations it breached its duty of care in signing off on Belgrave Finance accounts, and is one of several parties being sued by the receivers of the failed lender. Associate Judge John Matthews dismissed an application to strike out Belgrave's case against Hayes Knight, provided the claim was amended to more clearly demonstrate the auditor's alleged culpability, he said in a Nov. 7 judgment. Belgrave has filed six causes of action against forme...

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