Fla. Appeals Court Remands KPMG Madoff Audit Fight

Law360, New York (May 2, 2012, 6:24 PM EDT) -- A Florida state appeals court on Wednesday remanded to a trial court KPMG LLP's arbitration request in a dispute over the accounting firm's audit of three funds that invested in Bernard L. Madoff's Ponzi scheme, reversing its earlier decision on the instructions of the Supreme Court.

The appeals court said on remand that two claims it had not previously addressed were subject to arbitration, but sent the case back to the trial court for further consideration because it was unclear whether the two claims remained to...
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