LBI’s Financial Statements 2019 and investor call presentation have been made available on LBI’s website under https://www.lbi.is/financial-info.
LBI will host an investor call to present and discuss the results on Thursday 27 February 2020 at 14:00 (GMT) London and 9:00 New York time (EST).
Please note that shareholders of LBI will need to register in advance to participate in the call by sending email to email@example.com at the latest before 18:00 (GMT) London and 13:00 New York time (EST) on Wednesday 26 February 2020.
On 31 January 2020, the Paris Court of Appeal rendered its decision in the context of the prosecution for fraud against Landsbanki Luxembourg S.A. (in liquidation) and some of its former managers, employees and advisers concerning equity release loans granted prior to the 2008 financial crisis.
The Court upheld the judgment of the Paris criminal court of 28 August 2017, therefore acquitting all the accused parties and dismissing all the borrowers' claims for damages.
Under certain conditions, a judicial review of this decision may be filed before the French Court of cassation.