CC, Freshfields defend banks in new Parmalat case
Clifford Chance (CC) and Freshfields Bruckhaus Deringer are among a raft of firms that will continue to benefit from the Parmalat collapse after four investment banks were yesterday (13 June) indicted in connection with the scandal. Milan judge Cesare Tacconi ordered banking giants Citigroup, Deutsche Bank, UBS and Morgan Stanley to stand trial alongside 13 individuals for alleged market-rigging in connection with the dramatic collapse of Parmalat in 2003.
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