Evergrande Liquidators, PwC to Face Off in Court Hearing in May

China Evergrande liquidators’ lawsuit to claw back funds from the builder’s auditors will finally reach its first public court hearing in May, about two years after being filed.

The parties in the case — China Evergrande Group (in liquidation) and PricewaterhouseCoopers International — will gather in the Hong Kong High Court on May 18, according to the court schedule on its website. The hearing will focus on whether PricewaterhouseCoopers International can strike out the claims, it said.

The case may reveal how far auditors can be held accountable for their work on insolvent companies accused of fraudulent accounting. Any financial ...