The Economic Times

China Evergrande fiasco: Court stops PwC International's attempt to distance itself from its local arm's doings

PricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong Kong court. Liquidators of the company filed the suit alleging audit shortcomings and misrepresentation. The case seeks billions in damages from PwC and its affiliates for their work.