Rigas Family Urges Court To Ban Deloitte's Retreat

Law360, New York (August 29, 2007, 12:00 AM EDT) -- A lawyer for the founders of bankrupt Adelphia Communications Corp. has filed a petition to a Pennsylvania state court to block moves by auditors Deloitte & Touche LLP to withdraw their fraud case against the family.

The Rigas family attorney Lawrence McMichael, of Philadelphia firm Dilworth Paxson LLP, filed the petition to the Philadelphia Court of Common Pleas Tuesday, asking the judge to strike the discontinuance filed by Deloitte last week.

The firm said on Friday that the claims filed against the Rigas family four years...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.