Monte dei Paschi said last week that it was seeking compensation for "damages sustained and to be sustained by the bank as a result of the challenged transactions".
Though the deal is between two American companies, the European Commission has frequently invoked its authority to challenge transactions in which the merging companies have significant operations in Europe.
The bank is seeking compensation for "damages sustained and to be sustained by the bank as a result of the challenged transactions," Monte dei Paschi said in a statement on its Web site.
Lawyers for Thomas F. Gambino and his family contend in a lawsuit filed in New York state courts that Mr. Gluckman immediately faxed a letter to Mr. Gross, their broker at Klein Maus, challenging the transactions.
If you fail to agree promptly to combine the vote on the Going Private Transaction with the vote on the annual meeting, we anticipate years of litigation will follow challenging the transaction and the actions of those directors that participated in it.
Litigation was brought challenging the transaction, but it proceeded slowly.
Three Indiana state funds asked the United States Supreme Court late Saturday to delay a deal to sell most of Chrysler's assets to Fiat, their last hope of challenging the transaction after two lower courts approved it.
Several lawsuits have been filed challenging the transaction, and skeptics have noted that both companies face a cash-flow crunch.
"Assuming this came from a field auditor requesting advice as to the legalities of the transaction, presumably the field auditor will now have the wherewithal to challenge the transaction.
This was not their first foray into the world of challenging real estate transactions.
