Landsbanki: Depositors dealt a blow in Iceland
Landsbanki: Depositors dealt a blow in Iceland
by GD on Mon 15 Feb 2010, 8:40 pm
Depositors with the failed Guernsey bank Landsbanki have suffered a setback to their campaign to get their money back.
The bank went into administration in 2008 following the collapse of its parent in Iceland.
Some of the Guernsey depositors' cash had been sent to the parent bank and efforts are underway to recover it. The depositors claim to be recognised as individual creditors has been rejected but the outcome of their group claim is still to be determined.
Landsbanki Iceland is also refusing to recognise the guarantee it offered for savings with Landsbanki Guernsey.
The bank went into administration in 2008 following the collapse of its parent in Iceland.
Some of the Guernsey depositors' cash had been sent to the parent bank and efforts are underway to recover it. The depositors claim to be recognised as individual creditors has been rejected but the outcome of their group claim is still to be determined.
Landsbanki Iceland is also refusing to recognise the guarantee it offered for savings with Landsbanki Guernsey.
......THE BOSS......
"Always be yourself because the people who mind don't matter, and the people who matter don't mind"
GD- F
-
Number of posts: 6341
Location: Channel Islands
Job/hobbies: Website Forums...lol
Humor: Anything that makes me laugh
Warning Level:
Your Mood Today:
Registration date: 2008-03-06 -
Permissions of this forum:
You can reply to topics in this forum