Barings Plc (In Liquidation) v Coopers & Lybrand (2003)
Judgment Date: 11 Jun 03
Summary Deloitte & Touche (Singapore) were negligent in their 1992 and 1993 audit of the accounts of Barings Futures (Singapore) Ltd but they were not liable for losses incurred after April 1994 when their negligence ceased to be an operative cause of the company's losses. The damages awarded were also to be reduced for...