Kaupthing Singer & Friedlander (IoM) Ltd

Claims involving Kaupthing Singer and Friedlander (IoM) Ltd

Our Financial Services Dispute Resolution team has unparalleled experience in acting for depositors in the collapsed Icelandic subsidiary bank Kaupthing Singer & Friedlander (IoM) Limited.

Since the collapse of KSF (IoM) on 8 October 2008 our team has acted for dozens of depositors in successfully recovering their losses.  We have achieved settlements for clients ranging from the maximum anticipated shortfall (formerly expected to be 25%) right up to a full refund of the outstanding deposited sum plus interest and costs.

With the liquidation of KSF (IoM) ongoing and not expected to be concluded until 2017, the team are well aware of the high degree of stress and uncertainty experienced by clients who have lost money in this institution. The current projected liquidation dividends indicate that all depositors will sustain losses from their original deposits with returns hopefully reaching 91.4% – 97.7% with no recovery of interest. For larger depositors these losses represent significant sums.

The team fully appreciates that this can be a difficult, sensitive and stressful time in clients’ lives and always handles these cases in a sensitive, cost effective and practical manner whilst ensuring that depositors are properly compensated for their loss.

Claims involving - Keydata Investment Services Limited: SLS and Lifemark

To discuss your claim in more detail at no initial cost please contact Julia Norris on 0800 840 4929 or email julia.norris@pannone.co.uk.