KSF winding-up order granted

Posted 28/05/2009 - 02:09 by Hoping and coping

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2009-05-26 16

Kaupthing Singer and Friedlander has been placed into liquidation.

At a court hearing today, Deputy Deemster Corlett considered the company's winding up order, following last week's rejection of the Manx government’s Scheme of Arrangement.

[Continued]

He granted the winding up petition presented by Kaupthing Singer and Friedlander and the FSC, and adjourned the case until June 23, when the issue of costs will be discussed.