PwC delighted with Sir Elton ruling
PricewaterhouseCoopers says it is delighted with the judgement passed by the Court of Appeal in its legal dispute with popstar Sir Elton John.
A PwC spokesman said: ‘We are delighted that the judgment of Mr Justice Ferris, which exonerated PW (PriceWaterhouse), has been upheld this afternoon by the Court of Appeal.
‘It marks the end of Elton John’s claims against PW and we look forward to being paid the substantial sums which we are owed in costs.’
Earlier today the Court of Appeal threw out Sir Elton’s bid to reopen the case against the firm. He claimed costs of £14m.
It has been estimated that the singer’s legal costs could be as high as £8m.