30-Mar-2016: Liquidators' Update, see Deloitte site

New York Court to Go Over Glitnir Bank Damages

After the New York court handling the complaint filed by Glitnir Bank’s winding-up committee against seven individuals and PricewaterhouseCoopers had dismissed the case December 2010, the same court now changes mood, nodding to conduct another hearing of both sides.

PricewaterhouseCoopers has been implicated in the overstatements of Glitnir’s financials during the lead up to its collapse, along with Landsbanki, hiding the ailing financial position of the banks from investors. InAudit, Switzerland website. 24-Feb-11.