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

Authors
Ozzie Mascarenhas SJ, Ph.D.
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
Copyright Holder
Ozzie Mascarenhas SJ, Ph.D.
Student Price
$0.00
Target Audience
Faculty/Researchers
Undergraduate Students
Graduate Students
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.