U.S. Court of Appeals for the Second Circuit Issues Decision Interpreting the Bankruptcy Code’s Section 560 Safe Harbor for Swap Agreements

On August 11, 2020, the United States Court of Appeals for the Second Circuit issued an Opinion in Lehman Brothers Special Financing Inc. (“LBSF”) v. Bank of America, N.A., et. al, No. 18-1079,[1] an adversary proceeding brought in the Chapter 11 bankruptcy proceeding of Lehman Brothers Holdings, Inc.

Filed under:
USA, Derivatives, Insolvency & Restructuring, Litigation, FisherBroyles LLP, Bankruptcy, Title 11 of the US Code, Second Circuit
Authors:
Julian Hammar , Hollace Topol Cohen
Location:
USA
Firm:
FisherBroyles LLP