court judgements

More Kaupthing Executives jailed

2015-06-25 23

Six defendants in the Kaupþing market manipulation case, the biggest case of this type in Iceland’s history, have been handed prison sentences ranging from one year to four years and six months.

By fully financing share purchases with no other surety than the shares themselves, the bank was accused of giving a false and misleading impression of demand for Kaupþingi shares by means of deception and pretence.

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Iceland Supreme court rulings in cases involving Kaupthing WuC

2013-03-13 (All day)

Two new judgements by the Iceland Supreme Court - one in favour and one against the Kaupthing Winding-up Committee.

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