Liability Risk and Insurance
E&Y sued for negligence in fraud case
A judge has allowed a £300mn negligence case against Ernst & Young (E&Y) brought by Freightliner, a subsidiary of DaimlerChrysler.
The case alleges that E&Y failed to follow up on tip-offs about fraud. The alleged fraud relates to a company, ERF, which
was bought by Man from a company, which later became part of Freightliner.