Wednesday, May 12, 2010

Viking Drama: Glitnir Bank Sues PwC for Malpractice and Negligence

It’s not just volcanic ash that comes out of Iceland.

We see today a large $2 billion lawsuit filed by one of Iceland’s largest banks, now defunct, naming PricewaterhouseCoopers as one of the defendants.

Glitnir Bank (we see in Wikipedia that Glitnir is the hall of Forseti, the Norse god of law and justice, and the seat of justice amongst gods and men), filed today a legal claim against Jon Asgeir Johannesson and also PwC for malpractice and negligence in the Supreme Court of the State of New York...

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