Financial Times FT.com

Parmalat files €250m suit against CSFB

By Tony Barber in Rome

Published: August 19 2004 16:59 | Last updated: August 19 2004 19:01

Parmalat on Thursday sued Credit Suisse First Boston to recover about €250m ($309m) it paid the investment bank before the food group went bankrupt last December.

The suit was the fourth to be issued against Parmalat's former bankers in less than a month. It also came one day after Enrico Bondi, the group's government-appointed administrator, sued Parmalat's former auditors for $10bn in damages.

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