ECJ EUROFOOD CASE IRELAND ITALY PARMALAT
May 1st, 2006
STORIES BY KEITH NUTHALL
THE EUROPEAN Court of Justice (ECJ) may have helped Italian courts control any insolvency proceedings of a Parmalat subsidiary in Ireland, Eurofood. Control of winding-up this financing company for the Parmalat group has been claimed by both Italian and Irish courts and the ECJ was asked about how European law affects the choice of jurisdiction over such matters. The court has ruled "the right of creditors or their representatives to participate" in insolvency proceedings "is of particular importance". Given that most ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.