News

  • The Annual General Meeting of Old Byr Holding ehf. was held on 28 March 2017.
  • The Annual General Meeting of Old Byr Holding ehf. will be held on 28 March 2017 at the offices of Logos Legal Services in Efstaleiti 5, 103 Reykjavík and will start at 3 PM.
  • The Board of Directors of Old Byr Holding ehf. (tax no 471215-2280) hereby gives notice that an Extraordinary General Meeting of the Company will be held on 22 November 2016 at Ránargata 18 in Reykjavík and start at 2 PM.

Composition Agreement Confirmed

08. janúar 2016
The District Court of Reykjavik confirmed the Composition Agreement of Byr Savings Bank on 8 January 2016.

Decision no M-12/2015.
 
This means that the company is no longer in a winding-up proceedings.  The former Winding-up Board will now work in accordance with the Composition Agreement.  First it will change the structure of the company and distribute to creditors a De Minimis payment, an EUR bond and shares in Old Byr Holding ehf.  Then it will continue solving the disputes with Islandsbanki hf. and Hedinsreitur ehf.