Depositors with Kaupthing Singer and Friedlander were left waiting again this week to see whether there will be a liquidation, or the government’s Scheme of Arrangement will come into operation.
Deputy Deemster Corlett adjourned the liquidation hearing until April as the government works out final details of the scheme.
Afterwards, depositors said they were shocked by the decision.
Jason Roberts spoke to one, Richard Carter, and asked whether he saw the adjournment as a defeat:
More than £16,000 raised for Island cancer charity
KPMG has been raising money for the Manx Breast Cancer Support Group
Manx Rock Ltd to be announced as new Northern Civic Amenity site operator
Sources suggest the company will run the facility nearly year-round
Island to host Inter-Celtic Business Forum
Event on 16 April to bring nations together to 'share ideas'
Post Office reports stronger profits but warns of major changes
Organisation remains financially stable as letter volumes fall and government services are set to be withdrawn
