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.


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.