Tim Ward QC to Represent Iceland in Banking Case

13 Jan 2012

Tim Ward QC, instructed directly by the Icelandic Foreign Minister is set to represent Iceland in a dispute with the European Free Trade Association (EFTA) Surveillance Authority (ESA) over its breach of the Deposit Guarantee Directive.

The claim concerns the application of the Directive to UK and Netherlands-based depositors in Landsbanki’s Icesave branches following the bank’s collapse in October 2008.

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