Beint á efnisyfirlit síðunnar
22.10.2008

Stodir's request for an extension to the moratorium process approved

Today the District Court of Reykjavik approved Stodir‘s request for an extension to the moratorium process until 20 January 2009. Stodir´s largest creditors, holding more than 50% of the company‘s liabilities, have declared their support for the extension of the moratorium.

The Board of Directors and the management team of Stodir will now have the flexibility to seek the best possible course of action in the equal interest of all creditors, while protecting the value of Stodir´s assets and ensuring stability in the operations of Stodir‘s portfolio companies.

Further information

Tel: +354 591 4400
e-mail: info@stodir.is