Parmalat files US lawsuit
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THE bankrupt Italian food group Parmalat said today its special administrator Enrico Bondi has filed a US lawsuit against Bank of America.
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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 hearing into the collapse of food firm Parmalat, Italy's biggest ever corporate scandal, begins on Tuesday.
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Citigroup said it launched a legal challenge against Italian authorities responsible for Parmalat&#39;s restructuring, alleging they failed to ensure a fair process for
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MILAN Ten months after the collapse of Parmalat, the Italian dairy and food giant, a preliminary hearing was held here on Tuesday to determine whether to indict 29 people and three companies in one of the country&#39;s biggest financial scandals.
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Parmalat Finanziaria SpA Chairman Enrico Bondi sued Bank of America Corp., seeking to recover more than $10 billion that he said was "diverted, squandered or taken" from the foodmaker, which filed Italy's ...
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Citigroup sued Italy on Friday, claiming that the government appointee who runs the bankrupt Parmalat would unfairly pay only 2 million euros (US$2.
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(AGI) - Milan, Italy, Oct. 5 - A preliminary court hearing in the Parmalat case was held today. Judge Tacconi scheduled the next hearing on October 29.
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Parmalat, the Italian food and dairy giant, has filed another civil lawsuit against a major financial institution, contending that managers at Bank of America helped structure a series of transactions that allowed more than $10 billion to be &quot;diverted
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LONDON, August 18 (New Ratings)  The insolvent Italian dairy food product company, Parmalat Finanziaria SpA (PAF.FSE), filed a lawsuit against its former auditors, Deloitte &amp; Touche and Grant Thornton, today, seeking damages of at least $10 billion.
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Citigroup on Friday launched a legal challenge against a restructuring plan drawn up by Parmalat, hitting back after the bankrupt food group took the world&#39;s biggest bank to court recently.
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nrico Bondi, chairman of Parmalat Finanziaria, has sued Credit Suisse First Boston, seeking to recover 248 million euros ($306.8 million) from a transaction done before Parmalat collapsed in December in Italy&#39;s biggest bankruptcy.
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Italian dairy giant Parmalat SPA owes nearly $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 ...
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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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17/12/2004 - Enrico Bondi, the governmentâappointed special administrator of bankrupt Italian dairy group Parmalat, is set to sue a number of Italian financial groups in an attempt to stifle mounting criticism that he has given preferential treatment to
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Parmalat's government-appointed administrator filed a suit against Bank of America in federal court in North Carolina on Thursday, seeking damages as part of the company's efforts to recoup money from past dealings with the financial institution, the scandal-stung dairy giant said.
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Italian food giant Parmalat is suing its former auditors over their dealings with the insolvent group before its near collapse last December.