info.LandsbankiAction.org.gg   30-Mar-2016: Liquidators' Update, see Deloitte site

Landsbanki Committees Seek Compensation From Former Executives

(Bloomberg) -- Landsbanki Islands hf’s winding-up and resolution committees are seeking compensation from the bank’s former executives for allegedly granting loans to related parties.

The committees want the executives who ran the bank in 2008 to pay it 30 billion kronur ($258 million) to 35 billion kronur in compensation for losses on the loans, they said in an e- mailed statement today following a creditors’ meeting. . .

The bank has taken decisions on 9,152 claims filed against it, the committees said in the statement.

“By far the greatest number” of claims discussed at previous creditor meetings “were objected to,” according to the statement.  01-Dec-10.

http://www.businessweek.com/news/2010-12-01/landsbanki-committees-seek-compensation-from-former-executives.html