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KSF depositors briefed on scheme

by isleofman.com 13th May 2009

A handful of local depositors with the collapsed Kaupthing Singer and Friedlander Bank have attended a briefing at the Villa Marina this morning (Wednesday) ahead of a vote due next week on the Scheme of Arrangement.

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

These mostly concerned the state of finances available to provide compensation.

Posted by isleofman.com
Wednesday 13th, May 2009 01:49pm.

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