Components

Bain sues EY over $60-m loss in Lilliput Kids Wear

Ozzie Mascarenhas SJ, Ph.D.
June 29, 2015
SKU:
BUS-003996
Region: 
North America
Topic: 
Strategy & General Management, Ethics & Social Justice, Marketing & Sales, Operations
Length: 
6 pages
Keywords: 
Children, Lilliput, clothing, retail, marketing, misrepresentation, Bain, Fini & Jony, Catmoss, CY, Asian Financial Crisis
Student Price: 
Free
Cases in Corporate Ethics 5.2: The case involves three key stakeholders – Bain Capital Partners, Lilliput Kids wear and Ernst & Young. It brings to light the classic case of breach of trust. This is arguably the most high-profile alleged accounting fraud case which also involves negligent misrepresentation, and unfair and deceptive trade practices. The events in case have led to breakdown of the mutual trust between Bain and EY, painstakingly built over several years.