The administrators of Landsbanki Guernsey will take their case to Iceland's courts should they be unsuccessful in their efforts to maximise returns for depositors caught up in the bank’s collapse last year. . .

The move followed a vote in which what Deloitte said was an overwhelming majority of depositor creditors voted in favour of such action. . .

“Having seen depositors in IceSave being bailed out by UK and Dutch governments, [the depositors and administrators] are naturally aggrieved, and are further aggravated by seeing those governments now being prioritised over them,” Deloitte said in a statement.  International Adviser website - 16-Sep-09.

http://www.international-adviser.com/lwm/article/741

See Also: Guernsey Press website - 'Court says liquidators can sue Icelandic government'