Douglas Bartner

Douglas Bartner

Shearman & Sterling LLP

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Second Circuit Holds that Federal Reserve Bank of NY Was Not Subject to State Law Fiduciary Duty Claim for Actions During...

Late last month, in Starr Int’l Co. v. Fed Reserve Bank of N.Y., the Second Circuit held that the Federal Reserve Bank of New York (“FRBNY”) could not be held liable for state law fiduciary duty claims when it was acting...more

2/10/2014 - Breach of Duty Federal Reserve Fiduciary Duty

S.D.N.Y. Bankruptcy Court Finds That Claims Against Lehman Brothers Inc. Related to Bilateral Repurchase Transactions Do Not...

The United States Bankruptcy Court for the Southern District of New York recently entered a memorandum opinion in the Lehman Brothers Inc. (LBI) proceeding under the Securities Investor Protection Act (SIPA). The Bankruptcy...more

8/6/2013 - Bilateral Agreements Commercial Bankruptcy Lehman Brothers Repurchases SIPC

The Timing Is Off: The Definitional Gap Between Plain Language And Legislative Intent In The Recognition Of Foreign Proceedings

The Second Circuit is currently considering an appeal arising from the decisions of the bankruptcy and district courts in Fairfield Sentry. Its opinion is likely to resolve a split of authority between the Fairfield Sentry...more

4/11/2013 - Chapter 15 Commercial Bankruptcy Cross-Border Insolvency

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