Estate of collapsed Icelandic bank says settles dispute with Qatari sheikh

REYKJAVIK, Feb 8 (Reuters) - The estate of a bankrupt Icelandic bank said on Friday it had settled a dispute with a Qatari sheikh which stemmed from a deal the sheikh made to buy shares in the bank just before it collapsed in 2008. 
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All three of Iceland's top banks collapsed under big debts when the global credit crunch struck in late 2008.
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Weeks before the collapse, one of the banks, Kaupthing, announced that Sheikh Mohammed Bin Khalifa Bin Hamad al Thani of Qatar had bought 5.01 percent of its shares in a confidence-boosting move. But a parliamentary commission later said the shares were bought with a loan from Kaupthing itself.
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Read more: http://www.zawya.com/story/Estate_of_collapsed_Icelandic_bank_says_settles_dispute_with_Qatari_sheikh-TR20130208nL5N0B8FVR2/