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Chiquita sues EU over banana imports |
 | | Chiquita, which says the banana quotas have cost the company millions of dollars, said Thursday that its lawsuit accuses the European Commission of failing to reduce trade barriers in response to a 1997 World Trade Organization ruling. |
| | Chiquita still hopes to reach a settlement with the 15-nation European Union but decided the lawsuit might bring a quicker resolution, said Steven Warshaw, the company's president and chief operating officer. |
| | Chiquita revealed last week that it is negotiating with bondholders for concessions intended to help the Cincinnati-based company work its way out of a multimillion-dollar debt and avoid a possible bankruptcy filing. |
| www.organicconsumers.org /corp/chiquitasues.cfm (655 words) |
