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Bankruptcy Judge Arthur Gonzalez has soundly rejected 14 states' motion to disqualify KPMG, MCI's auditors and tax advisers, and disgorge fees the accounting firm received during bankruptcy proceedings. Gonzalez described the motion -- which alleged that KPMG advised MCI to implement an illegal tax strategy to evade millions in taxes -- as a "litigation tactic," adding that the states' claim that they filed the motion to protect the public interest "rings hollow."
July 01, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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