Class action Parmalat: only bondholders Americans

Only the bondholders Americans will be able to take part to the security ago litigation started 2 years against Parmalat. This has been decided from the Court of the district south of New York and motivated from the presumed lowland consequent probabilities of succeeding that foreign shareholders could obtain and therefore for lungaggini the bureaucratic and useless processes.

The decision today does not compromise but the possibility that in the next phase, previewed for september, it can be returned to an increased class in which not American bondholders can re-enter also.

22 August 2008

Complete article on http://parma.repubblica.it/

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