FAIRLESS HILLS, Pa. -- Parmalat Group reports EUR285.1 million net profit for the year ended Dec. 31, 2010, a drop of the EUR521.5 million net profit for the prior fiscal year.
More news on the Parmalat case, including the Italian government's probe into the movement of the Company's stock, are available at PARMALAT Bankruptcy News, Issue No. 121 published by Bankruptcy Creditors' Service, Inc.
The 28-page newsletter contains stories with these headlines:
[01184] ITALY TRIES TO STOP FRENCH CO. FROM CONTROLLING PARMALAT
[01185] PROSECUTOR PROBES ALLEGED RIGGING OF PARMALAT SHARE PRICE
[01186] PARMALAT BOARD APPROVES DRAFT REPORT AT DEC. 31, 2010
[01187] PARMALAT BOARD OF DIRECTORS TO CONVENE MEETING ON APRIL 1
[01188] ITALIAN COURT REFUSES TO FAST-TRACK CALISTO TANZI'S TRIAL
[01189] GROUPE LACTALIS NOMINATES CANDIDATES FOR PARMALAT BOARD
[01190] MACKENZIE, ET AL., NOMINATE CANDIDATES FOR PARMALAT BOARD
[01191] ALETTI, ET AL., NOMINATE CANDIDATES FOR PARMALAT BOARD
[01192] INTESA SANPAOLO NOMINATES CANDIDATES FOR PARMALAT BOARD
[01193] PARMALAT SETTLES DISPUTES WITH PPL PARTECIPACOES
[01194] CREDITORS CONVERT WARRANTS FOR 2,539,389 PARMALAT SHARES
[01195] CREDITORS CONVERT WARRANTS FOR 1,800,998 PARMALAT SHARES
A copy of today's newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=PARMALAT">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=PARMALAT</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.
PARMALAT BANKRUPTCY NEWS tracks the restructuring of Dairy Holdings Ltd, Farmland Dairies LLC, Food Holdings Ltd, Milk Products of Alabama LLC, Parmalat Capital Finance Ltd, Parmalat SpA and Parmalat USA Corp.
How to Subscribe to PARMALAT BANKRUPTCY NEWS
PARMALAT BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.
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Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com
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