http://www.law360.com/ Latest articles for organization: Parmalat Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135288 Deloitte Touche Tohmatsu and Grant Thornton International have agreed to cough up $15 million to settle with a class of Parmalat SpA stockholders in a suit stemming from the Italian dairy giant's collapse. http://www.law360.com/articles/135288 http://www.law360.com/articles/129956 A unit of Italian bank Intesa Sanpaolo Group has been ordered to pay Bank Hapoalim BM $24 million following a New York jury's ruling that the Italian bank committed fraud in selling promissory notes linked to Parmalat SpA's South American unit in 2003. http://www.law360.com/articles/129956 http://www.law360.com/articles/129746 The CEO of Parmalat SpA has appealed a federal judge's dismissal of a lawsuit alleging that auditing firm Grant Thornton International helped Parmalat insiders orchestrate a massive securities fraud that ultimately led to the Italian dairy giant's 2003 bankruptcy. http://www.law360.com/articles/129746 http://www.law360.com/articles/124590 Chadbourne & Parke LLP has pulled in two insolvency attorneys — one from Paul Hastings Janofsky & Walker LLP and another from Kirkland & Ellis International LLP — to ramp up its bankruptcy and financial restructuring team. http://www.law360.com/articles/124590 http://www.law360.com/articles/123331 A district judge has tossed suits against Bank of America Corp. and auditing firm Grant Thornton International relating to the 2003 bankruptcy of Italian dairy giant Parmalat SpA. http://www.law360.com/articles/123331 http://www.law360.com/articles/115685 International accounting firm networks historically have relied on their structures to contain liabilities for the acts of member firms, usually with success. Earlier this year, certain rulings in the litigation arising from the collapse of the Italian dairy conglomerate Parmalat Finanziaria SpA raised questions as to whether this trend may be ending, says Thomas M. Beshere of McGuireWoods LLP. http://www.law360.com/articles/115685 http://www.law360.com/articles/113730 Bank of America Corp. said Tuesday that it would pay nearly $100 million to settle allegations stemming from the 2003 collapse of Italian dairy giant Parmalat SpA. http://www.law360.com/articles/113730 http://www.law360.com/articles/110511 A new Italian law will reportedly allow groups representing consumers to bring a limited form of class action against corporations accused of unlawful or anti-competitive conduct, with individual consumers joining the suit on their own and being exposed to potential penalties if the action is rejected. http://www.law360.com/articles/110511 http://www.law360.com/articles/108624 Securities litigator George Schieren has become the latest partner to join Gibson Dunn & Crutcher LLP from Clifford Chance LLP, following on the heels of the Magic Circle firm's former global litigation chair Mark Kirsch. http://www.law360.com/articles/108624 http://www.law360.com/articles/105325 Four Deutsche Bank executives have reportedly been ordered to stand trial in Italy over allegations they contributed to the 2003 demise of dairy giant Parmalat SpA. http://www.law360.com/articles/105325 http://www.law360.com/articles/103369 The next wave of bankruptcy cases will likely involve the commercial real estate market, the paper and pulp industry — and the related newspaper industry — and commodities, says Marcia Goldstein, chair of Weil Gotshal & Manges LLP's business finance and restructuring department. http://www.law360.com/articles/103369 http://www.law360.com/articles/104544 A federal judge has granted a motion to unseal previously confidential discovery documents and deposition transcripts from Bank of America, Citigroup and Grant Thornton that emerged from litigation over the fall of Italian dairy giant Parmalat SpA. http://www.law360.com/articles/104544 http://www.law360.com/articles/102618 Units of Italian bank Intesa SanPaolo Group have agreed to shell out €20 million ($27 million) to Parmalat SpA to resolve allegations stemming from the Italian dairy firm’s collapse into bankruptcy in 2003. http://www.law360.com/articles/102618 http://www.law360.com/articles/99929 The judge overseeing securities litigation against Parmalat SpA has tossed counterclaims by auditor Grant Thornton LLP alleging that employees of the Italian dairy giant destroyed evidence in the days leading up to and following the appointment of Enrico Bondi as CEO in 2003. http://www.law360.com/articles/99929 http://www.law360.com/articles/94812 It is the competing inferences component of the Tellabs scienter analysis, coupled with the fact that courts continue to apply difficult standards for pleading auditor fraud, that appears to have tilted the scales more toward an auditor defendant in the securities context over the past two years, say Patricia A. Gorham, Amelia Toy Rudolph and Juanita Passyn of Sutherland Asbill & Brennan LLP. http://www.law360.com/articles/94812 http://www.law360.com/articles/89677 A federal judge has signed off on a second settlement worth about $20 million in stock in a securities fraud class action against bankrupt Italian dairy giant Parmalat SpA and its financial and accounting advisers, on top of a $50 million agreement approved a year and a half ago. http://www.law360.com/articles/89677 http://www.law360.com/articles/89648 A judge has squashed the hopes of Deloitte Touche Tohmatsu and its U.S. subsidiary for an interlocutory appeal in a securities fraud class action against bankrupt Italian dairy giant Parmalat SpA and its financial and accounting advisers. http://www.law360.com/articles/89648 http://www.law360.com/articles/89019 A judge has refused to dismiss Grant Thornton International Ltd. from the Parmalat SpA securities multidistrict litigation though the financial advising firm claims it is not liable for its Italian subsidiary, which allegedly did not adequately audit the Italian dairy giant before its collapse. http://www.law360.com/articles/89019 http://www.law360.com/articles/88503 Greenberg Traurig LLP has scooped up shareholder Gary D. Ticoll from Cadwalader Wickersham & Taft LLP, along with four associates who have joined the firm's business reorganization and bankruptcy practice with him. http://www.law360.com/articles/88503 http://www.law360.com/articles/87808 A federal appeals court has denied the appeals of two bankrupt subsidiaries of Parmalat SpA in two separate securities suits against six of the Italian dairy conglomerate’s former financial partners, which included Bank of America Corp. and Credit Suisse. http://www.law360.com/articles/87808