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Two Firms Battle in Court Over Who Gets Arthur Andersen Name

Chris Gaetano
Published Date:
Mar 7, 2017

A Paris-based firm recently announced that it's formed a new Arthur Andersen accounting network in 16 countries, reviving the company that previously collapsed in the wake of the 2001 Enron scandal. The problem is that former Arthur Andersen partners had done a very similar thing three years ago, forming a firm called Andersen Tax, which now operates in 58 countries. The two companies are now in the middle of a heated dispute over who is the true heir to the Arthur Andersen name, according to Accounting Today

Both insist that they have legitimate rights to the name, and the dispute will now go to court, as Andersen Tax has filed an action against the French Arthur Andersen firm over its use. Beyond legal rights, however, there is also a cultural argument. Both firms claim that former Arthur Andersen partners stand behind them and that they respect the network's legacy and values, with both also claiming that their opposition knows nothing of the true Arthur Andersen culture. 

The French firm, Laffont-Réveilhac , said its opponent's actions were motivated by "ego, arrogance, lies and greed," and that they had the true rights to the name. Andersen Tax, meanwhile, said that the French firm had no viable business in any of its locations, and said that for all its leaders talk about culture they never worked at the firm. 

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