Sigrún Davíðsdóttir's Icelog

International freezing order on Jon Asgeir Johannesson’s assets

with 4 comments

The Glitnir winding-up committee has obtained an international freezing order of Jon Asgeir Johannesson through a court in London. It means that Johannesson doesn’t have any access to any of his assets. Among them is the flat in New York, bought with a loan from Landsbanki. The rumour goes that Landsbanki didn’t ask for any collaterals against that loan. The price was $25m at the time. It seems that the flat, at 50 Gramercy Park, has been put twice on the market but hasn’t sold so far. Icelog has earlier mentioned the flat and Johannesson’s ownership.

Johannesson rose to fame in the UK business community through drastic buying into high street retailers such as House of Fraser and a long line of famous fashion shops such as Karen Millen, bundled together in his Mosaic Fashion, all under the ownership of his private equity company Baugur. There is a growing sense that at the core Johannesson’s operations there was extensive fraud.

Follow me on Twitter for running updates.

Written by Sigrún Davídsdóttir

May 12th, 2010 at 8:10 am

Posted in Iceland

4 Responses to 'International freezing order on Jon Asgeir Johannesson’s assets'

Subscribe to comments with RSS or TrackBack to 'International freezing order on Jon Asgeir Johannesson’s assets'.

  1. […] the charges brought by Glitnir’s wind-up committee at a court in New York and an international freezing order on his assets from a court in London Jon Asgeir Johannesson has resigned from the boards of the two […]

  2. Hi there to every one, the contents existing at this web site are
    truly awesome for people experience, well, keep up the good work fellows.

  3. Storage Trailer Rental – Local Storage Trailer Rental – Trailer for Rent

    I think this is among the most significant information for
    me. And i’m glad reading your article. But should remark on some general things, The web site style is perfect, the articles
    is really excellent : D. Good job, cheers

  4. I think that what you published mace a ton of sense.
    However, think on this, what if you added a little information? I ain’t saying your content is nnot good.,
    however what if yyou added something that grabbed a
    person’s attention? I mean International freezing order on Jon Asgeior Johannesson’s assets at Sigrún Davíðsdóttir's Icelog iss kinda
    vanilla. You could peek at Yahoo’s front page and see how they write news tiotles to get people to click.
    You might add a video or a pic or two too get readers interested about what you’ve written. In my opinion, it would bring your blog a little livelier.

    Feel free tto visit my web page … lazy

    lazy

    10 Sep 20 at 8:46 am

Leave a Reply