Thursday, January 29, 2009

Judge Rules Against Deloitte: Shareholder Suit on US and Global Firm Can Proceed


We have blogged about Deloitte and Parmalat many times earlier. Parmalat, the Italian diary company plunged into spectacular bankruptcy in 2003 when it collapsed under a huge debt burden of EUR 14 Billion. Since then, the company restructured and relisted in 2005 in Milan Stock Exchange...




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