Bankruptcy Court Broadly Applies Safe Harbors and Rejects Singular Event Theory Precedent

Alston & Bird
Contact

In a decision that parts ways with two prior decisions in the Lehman bankruptcy, Lehman Brothers Special Financing Inc. v. Bank of America National Association, No. 10-3547, Bankruptcy Court Judge Shelley Chapman (who is now presiding over the Lehman case) dismissed Lehman Brothers’ claims seeking to claw back transfers made to noteholders in connection with the early termination of hundreds of swap transactions.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Alston & Bird
Contact
more
less

Alston & Bird on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide