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PARMALAT Bankruptcy News, Issue No. 108

(EMAILWIRE.COM, November 20, 2008 ) FAIRLESS HILLS, Pa. -- Nov. 20, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 108 of PARMALAT BANKRUPTCY NEWS today. The 15-page newsletter contains stories with these headlines: [01080] PARMA BOARD APPROVES 3RD INTERIM REPORT AT SEPT....

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Parmalat founder Tanzi denies role in fraud

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Europe news: Tanzi denies role in fraud

MILAN, ItalyParmalat founder Calisto Tanzi on Monday denied a role in orchestrating fraud that led to the stunning 2003 failure of his dairy empire as a three-year-old trial in the case drew to a close. "I never created, I never with knowle

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Tanzi denies role in fraud

Parmalat founder Calisto Tanzi on Monday denied a role in orchestrating fraud that led to the stunning 2003 failure of his dairy empire as a three-year-old trial in the case drew to a close.

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Tanzi denies role in fraud

Parmalat founder Calisto Tanzi on Monday denied a role in orchestrating fraud that led to the stunning 2003 failure of his dairy empire as a three-year-old trial in the case drew to a close.

+Vote!

Tanzi denies role in fraud

Parmalat founder Calisto Tanzi on Monday denied a role in orchestrating fraud that led to the stunning 2003 failure of his dairy empire as a three-year-old trial in the case drew to a close.

+Vote!

Tanzi denies role in fraud

Parmalat founder Calisto Tanzi on Monday denied a role in orchestrating fraud that led to the stunning 2003 failure of his dairy empire as a three-year-old trial in the case drew to a close. "I never created, I never with knowledge orchestrated a great fraud...

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Tanzi denies role in fraud

MILAN, Italy -- Parmalat founder Calisto Tanzi on Monday denied a role in orchestrating fraud that led to the stunning 2003 failure of his dairy empire as a three-year-old trial in the case drew to a close.

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Asians fail to join class action claims

According to Goal, almost $12bn in settlements, to which shareholders were entitled, was not reclaimed through class actions from 2000 to 2007. The list includes settlements against Enron, Worldcom, Parmalat and Royal Dutch Shell.

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Dairy price-fixing appeal rejected

The case involves Nestle SA, a unit of the world's largest food group Nestle, Parmalat, Clover Industries, Ladismith Cheese and Lancewood.The firms face charges of fixing prices the prices of milk and processed dairy products as well as exchanging information and abusing exclusive supply agreements with producers.If found guilty, the companies could face penalties of up to 10% of their turnover,...

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Judge Rejects Dairy Groups' Appeal

South Africa: Judge Rejects Dairy Groups' AppealMathabo Le RouxTHE Competition Appeal Court yesterday dismissed a bid by five of the largest milk processors to have a case of price-fixing against them thrown out.Clover Industries, Ladismith Cheese, Parmalat, Lancewood and Nestlé SA applied to have a previous appeal finding overturned, but failed again before Judge Dennis Davis. The case was...

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Dairy producers face hearing

... after court's ruling."The [Competition] Commission alleges that Clover Industries, Clover SA, Parmalat, Ladismith Cheese, Woodlands Dairy, Lancewood, Nestlé SA and Milkwood Dairy are engaging in... prohibited practices, in contravention of the Competition Act," it said.The prohibited practices included:Exchange of information between competitors;Milk exchange and supply agreements between...