Moscow Court Kicks PwC Appeal To The Curb

Law360, New York (January 28, 2008, 12:00 AM EST) -- A report by Russian authorities clearing PricewaterhouseCoopers LLC of wrongdoing in the collapse of Russian oil firm Yukos was not enough for a Moscow court, which refused Monday to consider the institution's appeal.

The original ruling found that the contract PwC had with Yukos was invalid because it had involved criminal wrongdoing. PwC had appealed the ruling to Russia's Ninth Arbitration Appellate Court, arguing that the ruling implied that the auditor had been a part of the oil company's tax evasion.

But the appeals court upheld...
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