
Evergrande Liquidators Consider Legal Action Against PwC Over Audit Role
In a development that could see one of the Big Four accounting firms embroiled in a high-stakes legal battle, the liquidators of the now-defunct Chinese property giant Evergrande are reportedly exploring the possibility of filing a negligence lawsuit against PricewaterhouseCoopers (PwC). This potential legal move comes in light of PwC's role as the auditor for Evergrande for more than a decade, during which the property developer spiraled into the world's most indebted property crisis.