Parmalat settles with three banks
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Dairy group Parmalat, which went bankrupt in 2003, reaches damage settlements with three major banks.
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MILAN - The bankrupt Italian food group Parmalat said its special administrator Enrico Bondi has filed a US lawsuit against Bank of America.
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Parmalat issues proceedings against its ex-auditors over their dealings with the insolvent group before its near collapse
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Retailer agrees to pay compensation to customers in move to end long-running price-fixing saga
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LONDON, August 19 (New Ratings)  Parmalat Finanziaria SpA (PAF.FSE) announced today that the company has filed a lawsuit against Credit Suisse First Boston (CSFB), seeking approximately 250 million in claims plus interest from the financial service ...
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UBS agreed to the payments to resolve accusations it steered inappropriate customers into fee-based accounts, the state Attorney Generalâs office said.
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Parmalat SpA is suing 45 financial institutions to try to claw back money lost in the runup to its crash a year ago, the Italian dairy giant said Thursday.
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Milan prosecutors are looking at a stream of Parmalat transactions carried out by Deutsche Bank in the days before its collapse.
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Italian dairy giant Parmalat SPA owes nearly &#36;26 billion to creditors including many big international banks, a judge ruled Friday in a decision that will affect who will become a shareholder in the reorganized company.
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Zurich Financial Services said Monday it had reached a settlement with liquidators of California-based Superior National Insurance Group, ending a long-standing dispute.
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MILANO - Il commissario straordinario di Parmalat Enrico Bondi ha depositato giovedÃ¬ un atto di citazione per chiedere la condanna di Bank of America e di alcune controllate al risarcimento dei danni, dice una nota del gruppo di Collecchio.
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Grant Thornton and Bank of America have  filed motions in a New York court to remove a U.S. injunction  stopping them counter-suing insolvent Italian dairy group  Parmalat, which has sued each for $10 billion.
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Several big international banks have won a legal bid for recognition of billions of euros owed to them by Parmalat, putting them in line
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Parmalat, the bankrupt Italian dairy concern, sued its two former auditing firms for $10 billion in state court in Chicago on Wednesday, saying they should have detected the massive fraud that caused Parmalat to go under.
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A judge launched court hearings into the  $17.2 billion collapse of Parmalat on Tuesday and immediately  ruled that the first two of the 32 accused in one of Europe's  biggest fraud cases would stand trial.
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MILAN, Aug 18  - Parmalat sued its former auditors Deloitte &amp; Touche and Grant Thornton on Wednesday, broadening a legal battle to claw back billions of euros from ex-allies the food group says helped drive it into ...
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Bank of America Corp. said Friday it had filed for damages against former officials and auditors of collapsed dairy giant Parmalat at a preliminary hearing in Milan, as the bank attempts to avoid blame in the massive fraud scandal.