PwC wins appeal over €30m security for legal costs in pending Quinn Insurance case

Accountancy firm PriceWaterhouseCoopers has won an appeal in which it sought security for €30m in legal costs involved in a pending High Court case against it.

Accountancy firm PriceWaterhouseCoopers (PWC) has won an appeal in which it sought security for €30m in legal costs involved in a pending High Court case against it.

PwC is being sued by Quinn Insurance Ltd for €900m over its auditing of the now insolvent insurance underwriter.