Elton John lost his case Monday June 24, 2002 at the Court of Appeal, which he had hoped would revive his multimillion-pound negligence claim against his former accountants.
The singer was attempting to get money from PricewaterhouseCoopers, his accountant, who he says failed to inform him that he, rather than his management company, was paying for services on his overseas tours in the 1980s and 1990s.
The case followed an initial action in April 2001 when Sir Elton sued PricewaterhouseCoopers and Andrew Haydon, former managing director of John Reid Enterprises, which for many years was his management company.
In that case, the High Court ruled against Sir Elton, and this recent appeal was only against PwC. The legal costs from the appeal are thought to total around £8 million and the court left open no course to appeal to the House of Lords.