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Outcome of voting on the Composition Proposal of LBI hf.

A creditors' meeting of LBI hf. was held today at Hilton Hótel Nordica in Reykjavík to vote on the company's composition proposal. The proposal was adopted with 99.76% of votes in favour weighted by amount of claim and 99.67% in favour by number of votes. Votes cast represent 96.67% of the total amount of claims on the voters' register. In accordance with this outcome the Winding-up Board of LBI hf. will submit a petition to the Reykjavík District Court for confirmation of the composition of LBI hf.


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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:
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