Rowland established Fordham Investment Group in 1965. and then via their insurance company. One case was settled (though no financial settlement was deemed necessary), while Gulf lost another. In 2009,
Kaupthing Bank Luxembourg, affected by the global liquidity squeeze, was divided into two new entities, a 'good, healthy' bank, later renamed
Banque Havilland, and a 'bad' bank. David Rowland and his son
Jonathan, via their investment company Blackfish Capital, acquired and recapitalized the former and now manage the assets, on behalf of the interbank creditors, of the latter. ==Football issues==