Kaupthing hf 24 Apr 12: Agreement reached between Kaupthing and Klakki

Category: Newsflash

Announcement from the Kaupthing Winding-up Committee:

Klakki‘s claims against Kaupthing withdrawn.

Kaupthing hf. (Kaupthing) and Klakki ehf. (Klakki) have reached an agreement on settlement of all claims and disputes between the parties. As a result Kaupthing will be a net approved composition creditor of Klakki and all other claims between the parties are forfeited. All litigation between the parties is withdrawn.

link here

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