Grant Thornton News
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Grant Thornton LLP won dismissal of a lawsuit alleging accounting malpractice related to the 2003 bankruptcy of Parmalat SpA.
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Two suits by Parmalat SpA and its Parmalat Capital Finance Ltd. unit claiming damages from the accounting firm Grant Thornton LLP were revived by a federal appeals court in New York.
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R. Allen Stanford’s investors may recoup some of their losses more than four years after the Stanford Group Co. founder was sued by the U.S. Securities and Exchange Commission and put out of business.
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Women in emerging countries are becoming business leaders in greater numbers than in the developed world, and nowhere is that more evident than in China and eastern Europe, according to a study by Grant Thornton LLP.
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Irish bankers preparing for the biggest wave of foreclosures in the nation’s history are struggling with how to dispose of the homes as the central bank pressures them to go after owners of investment properties.
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A trustee representing Refco Inc.’s foreign-exchange customers agreed to dismiss their last claim against Grant Thornton LLP, the defunct firm’s former auditor that clients accused of helping Refco defraud them.
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Parmalat SpA’s two lawsuits against accounting firm Grant Thornton LLP were revived for a second time by a U.S. appeals court decision reversing a trial court’s order dismissing the cases.
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The U.S. dropped the biggest prosecution of individuals accused of foreign bribery after two trials in the case ended with three acquittals and seven mistrials.
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India’s Odisha state resumed land acquisitions to enable Posco, Asia’s third-largest steelmaker, to begin building a $12 billion steel plant, a project delayed for more than seven years by farmer protests and bureaucracy.
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South Africa, which hosts the soccer World Cup in 50 days, will receive 23 percent fewer foreign fans for the tournament than originally forecast, though they’re likely to stay longer and spend more, Grant Thornton LLP said.
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