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KSF vote - result expected in three days

by isleofman.com 19th May 2009

Depositors with the collapsed Kaupthing bank have voted on whether to accept the government's proposed Scheme of Arrangement.

Around 70 people attended the proceedings at the Villa Marina, where they had the chance to ask provisional liquidator PricewaterhouseCooper exactly how the scheme would work.

The Depositors Action Group, with over 2,000 members, has indicated it voted against the scheme.

Mike Simpson from PricewaterhouseCooper hopes the result of the vote will be known by the end of the week:



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Posted by isleofman.com
Tuesday 19th, May 2009 05:57pm.

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