Evergrande’s liquidators prepare to sue PwC over audits

Hong Kong | Evergrande’s liquidators are preparing for a potential lawsuit against PwC, which audited the now-collapsed Chinese property group for more than a decade, in a move that could lead to the big four accounting firm facing a high-profile negligence claim.

Eddie Middleton and Tiffany Wong, the Alvarez & Marsal restructuring specialists appointed as liquidators of Evergrande’s Hong Kong-listed holding company last month, have spoken to at least two law firms about the prospect of bringing a claim against the audit firm, according to three people with knowledge of the conversations.

Financial Times