PwC appeal says stoush with liquidator of Henderson vehicle amounts to 'trafficking of litigation'

Tue, 21 Jun 2016

By Sophie Boot June 21 (BusinessDesk) - A litigation funder that became first-ranking creditor to one of property developer Dave Henderson's failed companies was "trafficking" in litigation in the hope of extracting excessive profits from default interest rates on the debt, PriceWaterhouseCoopers told the Court of Appeal today. PwC, which was the auditor for Henderson's Property Ventures, and the company's directors are being sued by the company's liquidator, with the case scheduled for the first quarter of 2018. The accounting firm fail...

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