It starts of with a discussion about the precursor for recalculation of principal needed for loans which had their interest rate tied to a foreign currency index, after the collapse of the banking system in the fall of 2008. Then it covers grounds for indexation and development of interestrate laws in Iceland before the Supreme Courts‘s first rulings on the illegality of foreign currency indexation and the government‘s response to those rulings.
Fjallað er um undanfara endurútreiknings eftir hrun bankakerfisins haustið 2008, heimildir til verðtryggingar og þróun vaxtalaga hér á landi en þar á eftir kemur umfjöllun um fyrstu dóma Hæstaréttar sem tóku á ólögmæti gengistryggingar og viðbrögð stjórnvalda við þeim.