We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In 2004, Banco Espirito Santo International and two of its affiliates (collectively, “Banco”) sued BDO Seidman, L.L.C. (“BDO”), an international accounting firm, claiming that BDO negligently audited one of its former clients, E.S. Bankest L.L.C. (“Bankest”), which had perpetrated a loan-fraud scheme against Banco
