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Icelandic court sentences Brim parent to $15.6m fine

Utgerdarfelag Reykjavik will now 'examine its position' as it is unhappy with the fine handed down over alleged derivative agreements with former international bank Glitnir

By Neil Ramsden | March 4, 2020 17:50 GMT
Brim Icelandic vessel
Brim vessel in Reykjavik
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Fishing and processing group Utgerdarfelag Reykjavik (UR) has been sentenced by an Icelandic court to pay ISK 2 billion ($15.6 million) to the bankruptcy estate of former international bank Glitnir. [...]

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