Icelandic National Broadcasting Service, RÚV, reported yesterday that the US deputy secretary for state, Nicholas Burns, had phoned the Icelandic foreign minister, Geir Haarde, and informed him that the US government had decided to pull its fighter jets and helicopter rescue squadron out of Iceland.
Áslaug Björgvinsdóttir, associate professor at the School of Law at Reykjavík University, claimed on TV Wednesday that judging by the District Court’s interpretation of Icelandic law in the Baugur case, Iceland had not properly adopted European Union directives on the corporate code and annual statements. She called on the legislature to respond and on the Supreme Court to clarify the interpretation of the relevant law.
Jóhannes Jónsson, father of Baugur CEO Jón Ásgeir Jóhannesson, said he was “enormously relieved” after hearing the verdict. Prosecutors refused to comment.
