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18.01.2016

LBI hf. Transfer Moratorium in Preparation for De Minimis Payments

In preparation for De Minimis Payments, the Winding-up Board of LBI hf. (the “WuB”) will set a claim transfer moratorium beginning on February 2, 2016. The LBI hf. Transfer Register will not be updated for any claim transfer that has not received a Notice of Successful Transfer (an “NOST”) by February 2, 2016. As a reminder, the WuB has implemented an Expedited Transfer Process to all pending and future claim transfer requests. The Expedited Transfer Process is a faster procedure than the established LBI hf. Transfer Process in that:

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LBI hf. (formerly Landsbanki Íslands hf.) is in winding-up proceedings in accordance with Icelandic law. LBI is governed by a Winding-up Board appointed by the Icelandic Courts.

LBI hf. | Álfheimar 74, 2nd floor | 104 Reykjavík
Reg. no. 540291 2259 | Phone: +354 4203900 | Fax: +354 4203920 | Email: info@lbi.is
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