uti.is 12 Nov 14: New Supreme Court ruling: estates can pay out in fx

On November 10 Icelandic Supreme Court ruled in a case Kaupthing vs Ares Bank. This ruling takes further an argument put forth in earlier ruling from September last year. The new ruling not only states that estates can pay out in fx but can actually go into the market and buy fx. Here is a piece I did for Rúv last night (all links in Icelandic). More on this later…

link here to Sigrun's Icelog

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