UPDATE: New Amsterdam Court Meeting Of DSB Bank Friday
16 October 2009 - 10:53PM
Dow Jones News
A court in Amsterdam will hold a closed meeting at 1200 GMT on
the DSB Bank NV bankruptcy case, the court said Friday on its Web
site.
The court has to decide whether Dutch non-listed DSB Bank has
succeeded in finding a serious takeover candidate or that it should
be declared bankrupt. The court said Thursday that if DSB Bank
succeeded in finding a serious takeover candidate a hearing with
concerned parties would continue Friday at 1200 GMT.
DSB Bank owner Dirk Scheringa said late Thursday that he had
found an interested U.S. candidate as a "last viable option."
The court declined to comment further on the new meeting and DSB
Bank wasn't immediately available for comment.
The troubled lender bank earlier Thursday said it had failed to
reach an agreement with six large Dutch banks to be saved from
bankruptcy.
DSB was placed into administration Monday by the Dutch central
bank after a run on deposits.
Talks on a rescue operation for DSB between the Dutch Central
Bank and the major Dutch banks failed "owing to uncertainty
surrounding possible claims on DSB," the central bank said
previously.
-By Bart Koster; Dow Jones Newswires; +31 20 571 5201;
bart.koster@dowjones.com