Vincent Tchenguiz and Iceland's Kaupthing settle lawsuit

Posted 04/11/2017 - 10:11 by anrigaut

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2017-10-31 (All day)

Vincent Tchenguiz and Kaupthing said on Tuesday they had settled a 2.2 billion pound lawsuit brought by the real estate mogul after a botched Serious Fraud Office investigation into the Icelandic bank’s collapse during the credit crisis.
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Kaupthing said it had agreed to make unspecified payments to the Tchenguiz Family Trust (TFT) as part of the confidential settlement. Tchenguiz said he had withdrawn proceedings against all other co-defendants. .....