12 Jul2010
Distribution and Composition memos from the Winding-Up Board
The Winding-Up Board of Glitnir has prepared two memos which may provide useful information to creditors of the Bank. The first is in relation to the legal framework and processes in respect of making interim distributions to creditors. The second is in relation to the legal framework for a Composition under Icelandic law. Both memos are attached below.