Bankruptcy court orders swap counterparty to pay Lehman Brothers despite event of default

Date

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Location
USA
Authors
Lawrence V. Gelber
Craig Stein
Kristin Boggiano
Firm
Schulte Roth & Zabel LLP
Tags
USA
New York
Derivatives
Insolvency & Restructuring
Litigation
Schulte Roth & Zabel LLP
Bankruptcy
Condition precedent
Debtor
Safe harbor (law)
Interest
Swap (finance)
Motion to compel
Liquidation
Default (finance)
Title 11 of the US Code
US Congress
Lehman Brothers
United States bankruptcy court