IOM Today 26 June 15: Kaupthing investors have their money, Keys learns
Treasury Minister Eddie Teare has hailed the depositors’ compensation scheme as a success after reporting to Keys that investors had now received full refunds.
Read more: IOM Today 26 June 15: Kaupthing investors have their money, Keys learns
KSFIOM Liquidators 26 Feb 2015: Progress Report to Creditors
Highlights at 9 January 2015
- 100p in the £ dividends paid to creditors
- £930.2m of assets recovered
- 92.3% of loan book recovered
- KSFUK claim sold for £18.5m
Read more: KSFIOM Liquidators 26 Feb 2015: Progress Report to Creditors
uti.is 12 Feb 15: Supreme Court rules in al Thani case: imprisonment confirmed
The results today that it is possible to bring complicated financial cases to court and get conviction,” Ólafur Hauksson head of Office of the Special Prosecutor said to Icelog, now that the Supreme Court has ruled in one of the OSP’s major cases, the al Thani case.
Read more: uti.is 12 Feb 15: Supreme Court rules in al Thani case: imprisonment confirmed
KSFIOM Liquidators 23 Jan 2015: Position at 31 Dec 2014 & future updates
During December 2014, one facility was redeemed in part realising approximately £18,000. Cash balances decreased by approximately £1.1 million during the month, largely due to liquidation expenses.
Read more: KSFIOM Liquidators 23 Jan 2015: Position at 31 Dec 2014 & future updates
Kaupthing hf 9 Dec 2014: Announcement from the Winding-up Committee
Today, Kaupthing‘s Winding-up Committee, its advisers and creditors‘ advisers together with the Winding-up Committee of Glitnir and LBI met with representatives of the Government and its advisers.
Read more: Kaupthing hf 9 Dec 2014: Announcement from the Winding-up Committee