ESG Re Limited v. Deloitte & Touche

Cornerstone Research worked with experts testifying on damages and reinsurance issues and assisted counsel in their defense of Deloitte & Touche against claims of malpractice and breach of contract in both U.S. and Irish courts.

Retained by Latham & Watkins

Cornerstone Research worked with experts testifying on damages and reinsurance issues and assisted counsel in their defense of Deloitte & Touche against claims of malpractice and breach of contract in both U.S. and Irish courts. The plaintiff, an international reinsurance company, alleged that it had been misadvised with respect to foreign currency translation accounts, internal controls, auditor independence rules, NASDAQ listing requirements, and various reinsurance industry issues. The plaintiff claimed damages in excess of $60 million. Proceedings originally filed in the U.S. were dismissed on forum non conveniens grounds. The case settled during the first week of trial in Ireland.