Federal Judge Denies KPMG Request for Jury Trial on Defense Fees

A federal judge Monday denied accounting firm KPMG’s request for a jury trial over the issue of whether it should advance defense costs to its former employees who are now facing criminal tax fraud charges. Southern District of New York Judge Lewis A. Kaplan ruled that the employee claim was for specific performance of a contract. Thus, he said that it was equitable in nature and did not require a jury trial. As a result of the ruling, Kaplan will decide whether the employees are entitled to legal fees.

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Federal Judge Denies KPMG Request for Jury Trial on Defense Fees

A federal judge Monday denied accounting firm KPMG’s request for a jury trial over the issue of whether it should advance defense costs to its former employees who are now facing criminal tax fraud charges. Southern District of New York Judge Lewis A. Kaplan ruled that the employee claim was for specific performance of a contract. Thus, he said that it was equitable in nature and did not require a jury trial. As a result of the ruling, Kaplan will decide whether the employees are entitled to legal fees.

Popularity: 1% [?]

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XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>




Most Recent Posts


Federal Judge Denies KPMG Request for Jury Trial on Defense Fees

A federal judge Monday denied accounting firm KPMG’s request for a jury trial over the issue of whether it should advance defense costs to its former employees who are now facing criminal tax fraud charges. Southern District of New York Judge Lewis A. Kaplan ruled that the employee claim was for specific performance of a contract. Thus, he said that it was equitable in nature and did not require a jury trial. As a result of the ruling, Kaplan will decide whether the employees are entitled to legal fees.

Popularity: 1% [?]

Related Posts


Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>




Most Recent Posts