Hearing in New York adjourned
Glitnir hf announces that the hearing scheduled for November 9, 2010 in connection with the New York Complaint against Defendant Jon Asgeir Johannesson and others has been adjourned.
The hearing was adjourned to permit the parties to submit additional briefs to the Court commenting on newly discovered documents which, in the last two weeks, were the subject of correspondence between the parties and the Court. In addition, the Defendants have advised that they will be withdrawing the affidavit filed by Brynjar Nielsson and submitting an affidavit from another, presently unidentified, Icelandic law expert.
Glitnir will announce the new date for the hearing once it has been agreed between the parties and the Court.