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.
Tag Archive | "bankruptcy"
Staff at Capacent Iceland intend to buy out their troubled employer
Posted on 19 September 2010.
Posted in Business, Featured, General, Iceland, MBL, ScandinaviaComments (0)
Select SPRON assets sold off to Icelandic public
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.
Posted in Business, Featured, Iceland, MBLComments (1)
Old Kaupthing bosses demand their wages
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.
Posted in Business, Iceland, International, MBLComments (8)
Two Icelandic companies go bankrupt in unusual fashion
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.
Posted in Business, Iceland, MBLComments (16)
Former Straumur boss wants his money…for charity
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 [...]
Posted in Business, General, Iceland, MBLComments (2)
Bjorgolfur bankrupt
Posted on 31 July 2009.
Reykjavik District Court today agreed to Bjorgolfur Gudmundsson’s request to be declared bankrupt.
Posted in Business, Iceland, International, MBL, United KingdomComments (10)
Icelandic bankruptcies slowing rapidly
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.
Posted in Business, Iceland, MBLComments (6)
Straumur initiates work on a debt restructuring plan together with its creditors
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.
Posted in Business, Iceland, International, MBLComments (0)
