The High Court of England has consented to Kaupthing Bank’s request for permission to apply for judicial review of the legitimacy of the decision taken by the UK authorities to transfer to a third party, without compensation, deposits from Kaupthing Edge accounts at the bank’s UK subsidiary, Kaupthing Singer & Friedlander, on 8 October 2008.
The High Court of England has consented to Kaupthing Bank's request for permission to apply for judicial review of the legitimacy of the decision taken by the UK authorities to transfer to a third party, without compensation, deposits from Kaupthing Edge accounts at the bank's UK subsidiary, Kaupthing Singer & Friedlander, on 8 October 2008.