Citigroup Files Response to Parmalat
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Citigroup Inc. said Monday it has filed a detailed response in an Italian bankruptcy court aimed at refuting what it called &quot;baseless allegations&quot; by the government-appointed administrator of Parmalat SpA
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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 company.
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Global finance titan Citigroup said it was challenging the Italian government's reorganization plan for bankrupt food group Parmalat, claiming the bank is not being compensated for losses from massive fraud.
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Administrators at bankrupt Italian food group Parmalat have filed a lawsuit against Bank of America, reportedly claiming $10bn (Â£5.
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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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Citigroup Inc., the biggest creditor of Parmalat Finanziaria SpA, sued Italy for its handling of the foodmaker&#39;s bankruptcy, saying the restructuring violated its rights as a lender owed almost 540 million euros ($665 million).
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The bankrupt Italian food group Parmalat said its special administrator, Enico Bondi, has filed a US lawsuit against Bank of America reportedly claiming 10 billion dollars in damages and interest.
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Parmalat, the bankrupt Italian dairy and food company, sued 45 banks on Thursday seeking to recover money it paid to them in the year before the company&#39;s collapse.
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Milano, 22 nov. (Adnkronos) - &#39;&#39;Quella di Volare non credo sia una questione meno importante di Parmalat&#39;&#39;. Lo ha dichiarato il ministro al Welfare Roberto Maroni che si sta occupando della crisi della compagnia aerea.
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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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PARMALAT, the bankrupt Italian food company, is suing outside auditors Grant Thornton and Deloitte &amp; Touche, seeking £5.5 billion in damages.
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Citigroup Inc., the world&#39;s largest bank, apologized for a series of European government bond trades last month that caused prices to fall and prompted an investigation by UK regulators.
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Citigroup, the world&#39;s biggest bond broking firm, could face disciplinary action from the Financial Services Authority following an unprecedented £7bn trade in European government bonds this month.
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Parmalat&#39;s government-appointed administrator filed a suit yesterday against Bank of America in a federal court in North Carolina in the latest attempt by the
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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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ROME  - Parmalat's government-appointed administrator filed a suit against Bank of America in federal court in North Carolina on Thursday, seeking billions of dollars in damages over past dealings, the scandal-stung dairy giant said.
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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