They’re hoping to set off a ripple affect from Iceland, to the European Union…eventually other country’s laws would…

More at Google News about injunction in August 2009.

The injunction had forbidden further coverage of a risk analysis report that had been leaked via the WikiLeaks whistleblower Web site.

National broadcaster RUV reported on the leaked document, prompting wider interest in the report.

The internal document compiled for the bank’s loan committee showed that Kaupthing made multiple huge loans to a number of companies that left it dangerously exposed to their potential collapse.

Yes, Kaupthing Bank is kaput:

Kaupthing Bank is currently in a moratorium status and is headed by a Resolution Committee.

Previously about the IMMI here.