Today, Kaupthing‘s Winding-up Committee, its advisers and creditors‘ advisers together with the Winding-up Committee of Glitnir and LBI met with representatives of the Government and its advisers.
The Interim Financial Statements for the period 1 January to 30 June 2014 have been published. Furthermore, a Supplementary Material to the Financial Statements has been published and contains updated overview of claims in addition to further analysis on each asset class. Available for download here.
Highlights at 9 July 2014
- 95.8p in the £ dividends paid to creditors
- £910.5m of assets recovered
- 92.1% of loan book recovered
- Estimated dividend outcome between 99.0p and 99.6p in the £
Permanent Bank International (PBI) has appointed Aidan Doherty to the role of managing director of its Isle of Man business.
We are pleased to announce that the upgrade of the site, which had become essential for security reasons, is now complete.