News & Analysis as of September 21, 2024

Lehman Brothers

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Restructuring and Insolvency Bulletin - Issue 1 - 2017 - Supreme Court Lehman Waterfall I decision - foreign currency creditors...

Dechert LLP on 7/22/2017

98% of the liabilities of Lehman Brothers International (Europe) (in administration) (“LBIE”) were denominated in non-sterling currencies. The fall in sterling after LBIE entered administration resulted in significant paper...more

Clear Contractual Terms Prevail Over Equitable Principles in Bankruptcy Cases (Again)

Dechert LLP on 10/7/2015

Bankruptcy courts in the U.S. are widely viewed as favorable fora for debtors, trustees and creditors’ committees to pursue creative and difficult causes of actions against deep-pockets lenders and others in an attempt to...more

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Creditors › Debtors › Lehman Brothers

Restructuring and Insolvency Bulletin - Issue 1 - 2017 - Supreme Court Lehman Waterfall I decision - foreign currency creditors...

Clear Contractual Terms Prevail Over Equitable Principles in Bankruptcy Cases (Again)

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