Ernst & Young

A FURIOUS ROW threatens to erupt today between one of Britain's biggest business groups and the Government, reports the Independent .

The area of technology known as Management Information (MI) is the final great hurdle to fully implementing TCF, according to a discussion chaired by Ernst & Young.

Equity Trust is to acquire Ernst & Young's Luxembourg domiciliation business and related corporate secretarial services.

Ernst & Young has upgraded its supporter status to become a full member of Reita.

Equitable Life has withdrawn its £1bn "lost sale" claim against 11 of the Society's former directors.

Equitable Life has dropped its High Court action against Ernst & Young, the Society's former auditors.

EQUITABLE LIFE'S current chairman Vanni Treves apparently told his predecessor the former directors who are also being sued for negligence are in fact only facing litigation to try and get more money out of its auditors, reports this morning's Daily Telegraph....

Equitable Life has begun its multi-million lawsuit at the High Court against former auditors and directors who worked for the company prior to its near-collapse.

EQUITABLE LIFE has claimed the society can 'afford to lose' the multi-billion pound negligence trial against its former directors and former auditor, even though it could cost them £100m, reports the Daily Telegraph.

COST OF THE LEGAL battle between Equitable Life, its previous auditor Ernst & Young and 15 former directors is expected to exceed £80m unless the case is settled, says the Daily Telegraph.