Battle looms over OSG's choice to stick with PWC as its auditor

A battle may be brewing within the Overseas Shipholding Group (OSG) bankruptcy over the owner’s attempts to keep employing the auditors who signed off on years of what may be flawed financial statements.

Bondholders are objecting to OSG’s continued relationship with PricewaterhouseCoopers LLP (PWC) as auditor, accountant and tax advisor given the firm’s connection with three years of what could be tainted filings, lawyers are telling bankruptcy judge Peter J Walsh.

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