A ruling handed down yesterday by the Reykjavik District Court puts Kaupthing Bank into formal break-up proceedings. Under Icelandic law, moratoria on payments expire when break-up proceedings commence.
Tag Archive | "kaupþing"
Kaupthing Bank formally set into break-up mode
Posted on 23 November 2010.
Posted in Business, Featured, General, Iceland, MBLComments (3)
Icelandic tycoon’s London loan lawsuit over
Posted on 27 September 2010.
Agust Gudmundsson, commonly associated with the companies Bakkavor and Exista, has reached a settlement, along with his wife, with creditors over a lawsuit brought against them at the High Court in London.
Posted in Business, Featured, General, Iceland, International, MBL, United KingdomComments (0)
Europol starts investigation into Kaupthing Bank
Posted on 26 September 2010.
Europol, the pan-European police network, has started an investigation into failed Icelandic bank, Kaupthing and financial crimes police in the UK are also still working on their own investigation into the bank.
Posted in Business, Featured, General, Iceland, International, MBLComments (1)
Kaupthing boss hits out at Icelandic regulators
Posted on 25 September 2010.
Former director of Kaupthing Bank, Hreidar Mar Sigurdsson, has sent a letter to the Icelandic Prime Minister complaining about the Icelandic Financial Supervisory Authority.
Posted in Business, Featured, General, Iceland, International, MBL, Politics, United KingdomComments (1)
Former Kaupthing boss returns to Iceland for questioning
Posted on 19 August 2010.
Sigurdur Einarsson, the former head of the board at Iceland’s Kaupthing Bank, is today being interviewed by the Special Prosecutor into the banking crisis. He is at the prosecutor’s Reykjavik office along with his lawyer, Gestur Jonsson.
Posted in Business, Featured, General, Iceland, MBL, PoliticsComments (29)
More Iceland banking arrests likely
Posted on 10 May 2010.
Further arrests of former Kaupthing bosses by Iceland’s Special Prosecutor into the banking collapse are considered likely in the near future.
Posted in Business, Featured, General, Iceland, MBL, Politics, SocietyComments (4)
Swedish chair for new Arion Bank board
Posted on 19 March 2010.
Press release: A new Board of Directors of Arion Bank was elected yesterday at a shareholders’ meeting of the Bank. At a board meeting held after the shareholders’ meeting, Monica Caneman was elected Chairwoman of the Board of Directors.
Posted in Business, Featured, General, Iceland, MBL, Scandinavia, SwedenComments (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)
