Landsbanki law suit could see Icesave payout cut to 30 percent |
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A group of international banks has filed a legal challenge against the Landsbanki dissolution committee claiming that they should be treated as priority claimants. If they win, only 30-35 percent of the bank’s assets will go to pay Icesave. According to Old Landsbanki, Iceland’s emergency banking laws allow the bank to classify the Dutch and British [...] Original Source: http://www.icenews.is/index.php/2010/05/29/landsbanki-law-suit-could-see-icesave-payout-cut-to-30-percent/ Learn more about Landsbanki law suit could see Icesave payout cut to 30 percent |
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Tags: landsbanki law suit icesave payout cut percent |
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