Parmalat collapse sparks legal row

COMPANIES owed tens of millions of euro by failed Italian food company Parmalat are fighting to decide if the Irish or Italian courts have jurisdiction in the case.

The legal tussle between creditors and Parmalat over an Irish subsidiary is likely to see an appeal in the Dublin courts, a lawyer representing Irish liquidators has said.

Since Parmalat filed for insolvency at the end of last year, its government-appointed administrator Enrico Bondi has tried to keep control of the group by stopping creditors appointing separate liquidators.