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Lost papers and $1 billion
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lawsuit that aims to pin the demise of United Companies Financial Corp. on its auditor, Deloitte and Touche LLC, is scheduled for trial Oct. 14 in state court in Baton Rouge.
The suit, which paints Deloitte as "Louisiana's Enron," has drawn little attention in the seven months since it was filed, even though Deloitte, a top national accounting firm, faces allegations of fraud and destroyed or lost documents.
A court-appointed trustee is the person pointing the finger at Deloitte. William G. Hays Jr. of Atlanta is trying to recover up to $1 billion on behalf of creditors of bankrupt United.
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