Landsbanki Creditors' Committee impressed by Administrators

Landsbanki Guernsey depositors are still waiting for the return of 70% of their savings after the Icelandic subsidiary went into administration last October. Five Landsbanki Creditors' Committee members voiced concerns about depositors of the collapsed bank to the Administrators. They comprise four residents of the island as well as Matthew Dorman, a member of the Landsbanki Guernsey Depositors Action Group (LGDAG). "We have had a very productive session today and I am very impressed by the way the Administrators are carrying out their responsibilities," Dorman says. "Much of the info...