Contract Dispute
Usually resolved by arbitration, a contract dispute is a disagreement between parties over terms or interpretation of terms.
Insight
In Pari Delicto: Were Pricewaterhouse and MF Global Equally at Fault for Botched European Investments?
In a decision this month to partially reject PricewaterhouseCoopers LLP’s motion to dismiss a $1 billion lawsuit filed by MF Global, U.S. District Court Judge Victor Marrero found that simply relying on auditor PwC’s erroneous financial guidance in pursuit of MF Global’s ill-advised foreign transactions is not enough to trigger the “in pari delicto” doctrine.