TITLE

Litigation pushes Parmalat legal expenses to €100m

AUTHOR(S)
O'Connor, Joanne
PUB. DATE
April 2005
SOURCE
Lawyer;4/11/2005, Vol. 19 Issue 14, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that legal fees for Parmalat SpA's restructuring are on track to rise to an estimated pound 68.7m as the company prepares for its delayed listing on the Milan Stock Exchange. The chief beneficiary of the fees bonanza is, unsurprisingly, Gianni Origoni, Grippo & Partners, lawyers to Farmalat administrator Enrico Bondi. The firm advised on the restructuring, some discrete pieces of litigation and the upcoming IPO. Around 70 law firms across 35 countries are acting on more than 500 pieces of litigation arising out of Parmalat's insolvency.
ACCESSION #
16778421

 

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