Drake & Scull International announced that the Court of Appeal in Dubai has issued its final and non-appealable judgment in the lawsuit against the former external auditor, PricewaterhouseCoopers (PWC). The court rejected the appeal. This ruling marks the end of a long-running legal dispute between the companies. Drake & Scull International expressed satisfaction with the outcome of the litigation. The company believes that the decision has confirmed its legal position.
Dubai Court Issues Final Ruling in PWC Case for Drake & Scull International
Drake & Scull International announced that the Court of Appeal in Dubai has issued a final judgment in the lawsuit against PricewaterhouseCoopers. The court rejected the appeal, ending a long-running legal dispute.