Parmalat Judge Reaffirms Dismissal of Grant Thornton Cases
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A U.S. judge reaffirmed his ruling to take jurisdiction over two suits by Parmalat SpA against accounting firm Grant Thornton LLP, which he later dismissed.
U.S. District Judge Lewis Kaplan in Manhattan today ruled that he was correct in taking the two cases, which were originally filed by Parmalat and its Parmalat Capital Finance Ltd. unit in Illinois state court in 2004 and 2005. Kaplan dismissed the suits in 2009.