Three cases involving Icelandic businessman and former Baugur Group boss Jon Asgeir Johannesson will go before Icelandic district courts today. Read the full story
Posted on 29 March 2011.
Three cases involving Icelandic businessman and former Baugur Group boss Jon Asgeir Johannesson will go before Icelandic district courts today. Read the full story
Posted in Business, General, Iceland, MBLComments (0)
Posted on 24 August 2010.
40 former Baugur Group staff members owe over ISK one billion (USD 8.3 million) combined on loans they took out to buy shares in the now-bankrupt company. Read the full story
Posted in Business, General, Iceland, International, MBLComments (2)
Posted on 16 May 2010.
The deadline for former Baugur boss, Jon Asgeir Johannesson to submit a comprehensive list of all his assets to the Glitnir Bank resolution committee has been extended to tomorrow. Read the full story
Posted in Business, General, Iceland, MBLComments (6)
Posted on 19 December 2009.
The Williams Formula 1 motor racing team has a roughly ISK 2 billion (USD 15.7 million) claim in the estate of Iceland’s bankrupt Glitnir Bank connected to Jon Asgeir Johannesson’s attempts to buy himself into the team in previous years. Read the full story
Posted in Business, Iceland, International, MBL, Sports, United KingdomComments (0)
Posted on 14 August 2009.
(Editorial comment from IceNews) In one of those all-too-rare blissful moments of unthinking peace, I took to scanning the bookshelves here at IceNews Towers for a few moments this morning. My fingers nimbly sought out the book which presumably felt the most interesting. A souvenir photo book from Baugur Day 2006. IceNews did not go, so I have no idea how we ended up with the souvenir. Read the full story
Posted in Business, Denmark, Iceland, International, Lifestyle, MBL, Society, TravelComments (5)
Posted on 09 June 2009.
The total loans of failed Icelandic bank Landsbanki in the United Kingdom to fellow Icelandic businessmen amounted to a minimum ISK 130 billion of a total loan portfolio of around ISK 730 billion. Read the full story
Posted in Business, Iceland, MBL, Politics, United KingdomComments (15)
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 15 February 2009.
Icelandic millionaires Jon Asgeir Johannesson and Ingibjorg Palmadottir have put their luxury Manhattan apartment on the market for USD 25 million (ISK 2.9 billion), according to the New York Times. Read the full story
Posted in Business, General, Iceland, MBL, United StatesComments (20)
Posted on 09 February 2009.
Florida-based Icelandic businessman Jon Gerald Sullenberger runs a company which exports American goods to Iceland; but he is probably best-known as the former friend and business partner of Jon Asgeir Johannesson (Baugur Group) who was star witness in the drawn out court cases against the Baugur boss following the pair’s falling out. Click here to read an older story about Sullenberger. Read the full story
Posted in Business, Iceland, MBL, Politics, Society, Technology, Travel, United KingdomComments (5)
Posted on 19 December 2008.
Helgi Magnus Gunnarsson, acting state prosecutor and Runar Gudjonsson, Sheriff of Reykjavik, have issued charges against Jon Asgeir Johannesson, Baugur Group and associated parties. The charges relate to alleged tax irregularities. Read the full story
Posted in Business, General, Iceland, MBLComments (1)
Iceland central bank holds rates, predicts ongoing economic growth
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Currency exchange privacy case thrown out of Icelandic court
Sauli Niinistö wins Finland presidential race
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Workplace drug tests increase tenfold
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