NEW YORK - Hoping to avoid a lengthy retrial, Britain's Standard Chartered will next month request that the appellate court of Arizona uphold a jury verdict awarding it $338 million in compensation and $3.9 million in damages from Price Waterhouse, sources at the bank have disclosed.

Leo R. Beus, an attorney representing Standard Chartered with the Phoenix-based firm of Beus, Gilbert & Morrill, said the British bank will file a brief aimed at upholding the verdict for compensation and damages stemming from negligent auditing Standard Chartered has accused Price Waterhouse of performing at United Bank Corp. of Arizona.

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