Legal Action to Recover Icelandic Deposits
Report of Head of Legal and Democratic Services and Head of Finance
Additional documents:
Decision:
Agreed, as set out in the exempt report.
Minutes:
The Head of Legal and Democratic Services and Head of Finance submitted an exempt joint report which sought authority to institute and pursue legal proceedings in order to recover the financial deposits currently held in Glitnir bank and to agree to fund such legal action.
Resolved
That the recommendations as set out in the exempt report be agreed.