Essentially Citigroup is contesting a decision made by Mr Bondi to exclude it from the list of Parmalat's creditors, a step that would, if upheld, keep the bank out of a future debt-for-equity swap prior to Parmalat's re-flotation on the stockmarket.
For investment bankers, at least, a sign that the good times are truly back would be the long-awaited flotation of Google, an enormously popular internet search engine.
Wit, a 16-month-old veteran, was formed by Andrew Klein, who in 1995 completed the first-ever Internet flotation, of a brewery.
In Brazil itself, the real's flotation sparked a 33% one-day surge on the depressed bourse.
Worse, one of Italy's flagship sell-offs, the flotation of Enel, its electricity monopoly, has been badly mishandled (see article).
Deutsche Telekom has been forced to lower its target price for the flotation of its internet business T-Online, down from 50 euros to about 35 euros if not less.
Enel's shares have languished and are now worth around one-fifth less than at flotation.
The Edinburgh-based organisation says a flotation will reduce the risks to members, while allowing it to raise far more capital than as a mutual.
The company will this week begin the marketing of its flotation and it has reportedly approached 64-year-old Sir Richard Sykes , former chief executive of GlaxoSmithKline, to chair the business.
Better still, a stockmarket flotation last year left Nexans with a debt-free balance sheet, a rarity among big companies in capital-intensive industries.
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Facebook's flotation will also encourage more investment in start-ups.
The low flotation price means some of Iberia's investors - including British Airways - will get a rebate from the Spanish government.
Its share price closed on Thursday at 1.25 euros - up from the years low of 0.59 euros, but well below the offer price of 3.50 and the peak of 6.45 euros - achieved on the day of the flotation.
Others say that flotation is not relevant to their businesses, is too time-consuming, brings stringent listing and other criteria, costs too much or would dilute their equity.
And with so much ill-will being generated by the internal bickering, a successful flotation suddenly looks a pretty distant prospect.
Very quickly, the price of this and other dotcom stocks started heading south, and other high-tech hopefuls found it impossible to get a stock market flotation.
Most of Ziff-Davis's subsidiaries have fallen dramatically in value since their flotation nearly two years ago.
Gevo, of Englewood, Colorado, which filed for flotation on NASDAQ in August, is planning to make another type of post-ethanol fuel: butanol.
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First, a bull market, and the shining success of Deutsche Telekom, the former state-owned telecommunications monopoly whose share price has risen 50% since the firm's widely publicised flotation in November, has made German investors increasingly adventuresome.
It seems to me that the best way of seeing what the investment institutions are proposing is as a short cut to something that's not a million miles from an IPO - since these are exactly the kind of funds that would buy the shares in a stock market flotation.
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