Press Release: Judgment in Case C-85/12. LBI hf, formerly Landsbanki Islands hf v Kepler Capital Markets SA and Frédéric Giraux

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Series Details No. 143, 2013 (24.10.13)
Publication Date 24/10/2013
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The moratorium on payments granted to the bank LBI by the Icelandic authorities produces in France the effects which the Icelandic legislation confers on it.

The directive on the reorganisation and winding up of credit institutions does not preclude that the effects of that moratorium retroactively cover interim protective measures in France.

Source Link http://curia.europa.eu/jcms/upload/docs/application/pdf/2013-10/cp130143en.pdf
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