Hong Kong High Court to hear Evergrande liquidators’ lawsuit against PwC on Monday

The liquidators of China Evergrande Group’s lawsuit against PricewaterhouseCoopers (PwC) International will have their case heard in the Hong Kong High Court on Monday, according to records posted on the judiciary’s website.The one-day hearing was scheduled before Deputy Judge Patrick Fung Pak-tung of the High Court and would be open to the public, the court information showed. It concerns efforts by Evergrande’s liquidators to seek claims from PwC International over the developer’s auditing issues.It marks the latest development in the Evergrande saga. Last month, Hong Kong’s Securities and Futures Commission (SFC) reached an agreement with PwC Hong Kong to pay HK$1 billion (US$128 million) in compensation to minority shareholders of the developer, citing serious breaches of auditors’ professional duties.