Committee Fights On In Request For KPMG Documents

Law360, New York (August 7, 2007, 12:00 AM EDT) -- New Century Financial Corp.'s official committee of unsecured creditors on Monday continued its fight to force auditing firm KPMG LLC to turn over information about the case, arguing Monday that the firm's documentation falls squarely into matters the committee should investigate.

In the motion filed Monday in the U.S. Bankruptcy Court for the District of Delaware, the committee responded to KPMG's argument that it shouldn't have to produce documents in the case.

“In opposing the motion, KPMG makes no mention of the committee's investigative mandate under...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.