Parmalat inquiry is joined by Brazil

Article Abstract:

Brazilian regulators are now joining in the investigation of fraud allegations against Italy's Parmalat, which filed for bankruptcy protection in December. Simultaneously, Brazilian farmers are asking the government to pressure Parmalat into providing payment guarantees.

Police Protection, Brazil, Fraud

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Report deepens Citigroup's woes in Parmalat case

Article Abstract:

Citigroup Inc., already under investigation for stock market manipulation in Germany, has been implicated with four other financial institutions in security law violations with the failed Italian dairy interest Parmalat S.p.A. according to a report by Milan prosecutors.

United States, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Financial services industry, Reports, Citigroup Inc., C

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Parmalat creditors say company should press on with lawsuits

Article Abstract:

Parmalat S.p.A. is still in bankruptcy proceedings as creditors want the company to press on with lawsuits, there is speculation upon company reorganization and a possible relisting on the Milan Stock Exchange later this year.

Management dynamics, Legal/Government Regulation, Management, Cases, Company Profile, Company business management, Bankruptcy, Company bankruptcy

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