Linklaters faces £115m Credit Suisse claim over Parmalat advice
Credit Suisse is set to sue Linklaters for €136m (£115m) for professional negligence over advice it was given for a deal with Italian food giant Parmalat. The claim dates back to a €500m convertible bond issued by Parmalat’s Brazilian subsidiary Parmalat Brazil in 2001, to which the investment bank subscribed, and a complementary forward sale […]