The remaining five defendants in the KPMG tax shelter case are seeking a postponement in the trial until after October.
Judge Lewis Kaplan of the Southern District of New York dismissed charges against the other 13 defendants last month in the case. He blamed prosecutors for being overly aggressive in pressuring KPMG to stop paying the legal expenses for its former employees. The trial date for the other five defendants is set for October 16, but lawyers for the five say they will not be prepared to defend the case by that time. They are seeking an indefinite postponement.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access