Parmalat Sues Grant Thornton, Deloitte
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Italian dairy company Parmalat sued Grant Thornton International and Deloitte Touche Tohmatsu for &#36;10 billion on Wednesday, saying the auditors overlooked fraud and looting that nearly led to the company's downfall.
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MILAN, Aug 19  - Parmalat on Thursday fired off the latest lawsuit in its bid to recover billions of euros from banks that did deals with the now insolvent dairy group, saying it had sued CSFB for ...
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LONDON Parmalat, the Italian dairy giant, has shown &quot;stark and illegitimate discrimination&quot; against non-Italian banks in formulating a plan that is crucial to its bankruptcy reorganization, Citigroup has said.
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Citigroup launched a legal challenge  against Parmalat's restructuring plan on Friday, hitting back  after the insolvent food group rejected its claims for credit  repayment and sued the bank for damages.
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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.
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Get breaking news and essential company info, all in a single place. MILAN, Oct 3  - Ten months after the Parmalat scandal rocked the global finance industry, a judge next week begins deciding whether ...
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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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ROME  - Financial services giant Citigroup Inc. has filed a suit in an Italian court complaining it has been treated unfairly by Parmalat's new administration following the global dairy giant's bankruptcy filing.
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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 of Citigroup's claim of a 538 million euro debt.
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Italian food giant Parmalat is pushing ahead with plans to sue its former auditors by taking CSFB to task over a bond deal back in 2002.
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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 ex-auditors are sued over their dealings with the insolvent group before its near collapse
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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 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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ROME Aug. 18, 2004  The new management at insolvent Italian dairy company Parmalat announced Wednesday it had filed suit against auditors Grant Thornton International and Deloitte Touche Tohmatsu, accusing them of playing a role in the conglomerate&#39;s ...
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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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MILAN, Italy - 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.