Equitable and E&Y resume hostilities - papers 19th September

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THE LEGAL TUSSLE between Equitable Life and Ernst & Young is mentioned in all this morning's papers with the case due to resume today, barring any last-minute settlement.

The Guardian says lawyers for the two sides have been talking to each other in recent days and it is possible there could be a settlement before the end of the week. But, says the paper, it seems more likely that Equitable and Ernst & Young will return to the high court this morning to continue trading allegations and accusations. This is the second "act" of the marathon £700m case, following its eight-week break to allow the many parties involved to take a summer holiday, and it will be dominated by a procession of expert witnesses. It is believed that all sides were talking over the ...

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