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Finansiel Stabilitet Reduces Claims towards NewCap Holding A/S-Ritzau


Monday, 9 Sep 2013 10:02am EDT 

Ritzau reported that Finansiel Stabilitet has reduced its claim towards NewCap Holding A/S by DKK 23.5 million to DKK 146.5 million in a lawsuit filed in December 2010. The case concerns the termination and reversal of transactions and claims for damages relating to seven intercompany transactions concluded between Capinordic Bank and NewCap Holding before Capinordic Bank was transferred to Finansiel Stabilitet. The case is expected to start in the Court of Oestre (Oestre Landsret) on October 1, 2013 and the judgment is expected in early 2014.