Brief: Skeljungur Updates On Lawsuit In Norway

Skel fjarfestingafelag hf

22/11/2021 07:44

(Repeats brief to add missing metadata, no changes to text.)
    Nov 22 (Reuters) - Skeljungur hf  SKEL.IC :
    * SAID ON FRIAY, IN CONNECTION WITH THEIR LAWSUIT IN NORWAY
THAT
THE DISTRICT COURT OF TROMSØ PRONOUNCED ITS VERDICT, ACCEPTING
THE CLAIM OF MARINE SUPPLY AS AND ACKNOWLEDGING THE JOINT
LIABILITY OF THE FORMER MANAGEMENT OF P/F MAGN AND SKELJUNGUR
AND THE COMPANIES THEMSELVES
    * THE CONVICTS DISAGREE WITH THE VERDICT AND WILL THEREFORE
APPEAL
THE VERDICT
    * THE RULING HAS NO EFFECT ON SKELJUNGUR'S PROPOSED SALE OF
P/F
MAGN IN THE FAROE ISLANDS
    * SKELJUNGUR STATE THAT NO FINANCIAL CLAIM HAS BEEN MADE IN
CONNECTION WITH THE CASE
    * THE POTENTIAL FINANCIAL IMPACT ON SKELJUNGUR IS THEREFORE
INSIGNIFICANT

 
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE8SJxpV
 Further company coverage:  SKEL.IC  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))