Today, on June 9, 2016, the Supreme Court of Canada granted former Livent auditor, Deloitte & Touche, leave to appeal from the decision of the Court of Appeal for Ontario, in Livent v. Deliotte & Touche that it was liable for more than $80 million in damages to the receiver for theatre company, Livent, due to its failure to detect fraud by Livent’s senior management. Two members of Livent’s management team, Myron Gottlieb and Garth Drabinsky, were ultimately criminally convicted of fraud and served jail time in connection with the Livent fraud. It is expected that this case will continue to ... [more] Full article