Tim Ward QC of Monckton Chambers was featured in the The Sunday Times yesterday, regarding the success of the Icesave case.
Tim acted for the Icelandic Government in the case in the European Free Trade Area Court. The court ruled that Iceland did not break European free trade laws on deposit guarantee schemes when it did not compensate foreign depositors in the UK and the Netherlands after Icesave’s owner, Landsbanki, collapsed in 2008.
To view the full article, please click here.
To read a case note on the Icesave case, please click here.