The staff at Capacent Iceland – the Icelandic branch of the Nordic research, recruitment and consulting company – are clubbing together to buy the firm following its financial troubles. Read the full story
Posted on 19 September 2010.
The staff at Capacent Iceland – the Icelandic branch of the Nordic research, recruitment and consulting company – are clubbing together to buy the firm following its financial troubles. Read the full story
Posted in Business, General, Iceland, MBL, ScandinaviaComments (0)
Posted on 24 January 2010.
The Icelandic savings bank SPRON, which closed its doors last year, held an assets sale yesterday where the bank’s administrators sold off some of the firm’s physical assets to the public. Read the full story
Posted in Business, Iceland, MBLComments (1)
Posted on 23 January 2010.
Sigurdur Einarsson, the former chairman of the board at Old Kaupthing has put in a claim for lost wages to the bank’s resolution committee amounting to ISK 244 million (USD 1.9 million). No claim has been received from former bank president Hreidar Mar Sugurdsson, however. Read the full story
Posted in Business, Iceland, International, MBLComments (8)
Posted on 18 January 2010.
Debts in the bankrupt estates of two companies owned by the lawyer Bjorn Thorri Viktorsson in Reykjavik amount to ISK 140 million (over USD 1 million). The companies changed name shortly before going bankrupt. Read the full story
Posted in Business, Iceland, MBLComments (16)
Posted on 24 November 2009.
The former head of Straumur investment bank, William Fall told Icelandic television last night that if his claim for withheld wages to the bank’s resolution committee is paid out, the money will be given to charities in Iceland. Fall has claimed ISK 640 million in backdated wages. The matter has been sent to the Reykjavik District Court. Read the full story
Posted in Business, General, Iceland, MBLComments (2)
Posted on 31 July 2009.
Reykjavik District Court today agreed to Bjorgolfur Gudmundsson’s request to be declared bankrupt. Read the full story
Posted in Business, Iceland, International, MBL, United KingdomComments (10)
Posted on 27 July 2009.
This June, 95 Icelandic companies filed for bankruptcy compared to 92 in June 2008, according to Statistics Iceland; a year-to-year increase of around three percent. Read the full story
Posted in Business, Iceland, MBLComments (6)
Posted on 31 March 2009.
PRESS RELEASE FROM STRAUMUR BURDARAS BANK:
On 19 March, 2009 Straumur Burdaras Investment Bank hf. (Straumur) requested an authorisation for a moratorium process from the District Court of Reykjavík. The process would enable Straumur to facilitate a financial and operational restructuring in co-operation with the bank’s creditors. Read the full story
Posted in Business, Iceland, International, MBLComments (0)
Posted on 12 March 2009.
The Icelandic investment company Baugur has filed for bankruptcy Dagens Industri reports. The company’s protection from creditors was cancelled by a Reykjavik court on Wednesday. Read the full story
Posted in Business, Iceland, MBL, United KingdomComments (5)
Posted on 11 February 2009.
With the Copenhagen City Council pulling its funding this year and a group of private investors backing out of a pending deal, it looks like Copenhagen’s Museum Erotica may be closing down. The sex-centred museum is facing bankruptcy if no one else steps forward to provide the cash to keep this unique venue open to the public. Read the full story
Posted in Business, Culture, Denmark, MBL, Society, TravelComments (2)
No Motörhead wine for Icelanders, branding too negative
Reykjavík Winter Lights Festival begins today
Multiple shooting in Greenland hamlet
IMF refutes claim it tried to shut Icelandic national theatre and museum
Iceland central bank holds rates, predicts ongoing economic growth
Continued Malmö violence embarrasses police
Currency exchange privacy case thrown out of Icelandic court
Sauli Niinistö wins Finland presidential race
Iceland historic French village restoration finance secured
Murder in Hafnarfjörður
