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Jónatansson & Co Legal settles case against Pricewaterhouse Coopers on behalf of the Winding-up Board of Glitnir.

21st December | Category: News

Jónatansson & Co Legal were commissioned by the Winding-up Board of Glitnir to file proceedings against Pricewaterhouse Coopers Iceland (PwC Iceland) and Pricewaterhouse Coopers LLP (PwC UK) for negligence and mistakes in auditing Glitnir bank in the years 2007 and 2008. The case was filed in January 2013. The parties have now settled the case on terms that the Winding-up Board of Glitnir considers agreeable in light of the facts. The case has therefore been dismissed and will not be processed further by the Icelandic courts.

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