KPMG Execs Off The Hook In Suit Over Tax Shelters

Law360, New York (September 2, 2008, 12:00 AM EDT) -- An appellate court has tossed a suit that accused 13 former KPMG LLP partners and employees of creating illegal tax shelters to help wealthy clients avoid paying taxes.

On Thursday, the three-judge appeals panel of the U.S. Court of Appeals for the Second Circuit affirmed a trial court's dismissal of the indictment against the employees on the grounds that the federal government had denied the defendants their right to counsel in the criminal proceedings by causing KPMG to place conditions on the advancement of their legal...
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