Law360, New York (May 20, 2009) -- 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.
Parmalat reached an agreement with C.R. Firenze Bank and its subsidiaries Centro Factoring SpA and Cassa di Risparmio della Spezia SpA that settles all claims related to the period prior...


