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...On Tuesday, the Delaware Supreme Court reversed a lower court decision from March in its dispute with engineering firm Chicago Bridge & Iron from whom it had acquired a division, Stone & Webster, a decision...
...A representative said that Webster’s relationship with accuser Austin Rick was consensual Consequence Stepped away from his company, Webster Public Relations....
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...Toshiba said it needed another four weeks to examine Stone & Webster’s accounts before the third quarter of last year in order to obtain auditor sign off on the Japanese group’s latest set of results....
...The Japanese group is also grappling with a dispute with its auditor, PwC Aarata, over the recording of losses related to Westinghouse’s acquisition in 2015 of US nuclear construction company Stone & Webster...
...& Webster were inadequate....
...The losses relate to Westinghouse’s work with Stone & Webster on AP1000 pressurised water reactors of the kind to be used at Moorside....
...It bought Stone & Webster, the original US contractor, hoping to shorten the chain of command and get better control. Then it brought in Fluor, one of the best-regarded global engineering groups....
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