On September 30, 2015, the United States District Court for the Southern District of New York (the “District Court”) denied the motion of Lehman Brothers Holdings Inc. (“LBHI,” and collectively with all of LBHI’s...more
On June 29, 2015, the United States Court of Appeals for the Second Circuit affirmed the decision of the United States Bankruptcy Court for the Southern District of New York, which held that claims asserted by counterparties...more
7/16/2015
/ Appeals ,
Bankruptcy Code ,
Bilateral Agreements ,
Broker-Dealer ,
Commercial Bankruptcy ,
Contract Interpretation ,
Creditors ,
Lehman Brothers ,
Repurchases ,
SIPA ,
Stock Repurchases ,
Trustees
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