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Liquidator answers questions on KSF

by isleofman.com 13th May 2009

A handful of local depositors with the collapsed Kaupthing bank attended a briefing at the Villa Marina this morning, ahead of a vote due next week on the Scheme of Arrangement.

The Royal Hall was sparsely populated as provisional liquidator Michael Simpson and his team told those present of the latest developments and answered questions.

Mr Simpson says issues raised mostly concerned the state of finances available to provide compensation:


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Posted by isleofman.com
Wednesday 13th, May 2009 06:02pm.

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