Bankruptcy court rules that “flip clauses” violate Bankruptcy Code

Date

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Location
USA
Firm
Katten Muchin Rosenman LLP
Tags
USA
Derivatives
Insolvency & Restructuring
Litigation
Securitization & Structured Finance
Katten Muchin Rosenman LLP
Bankruptcy
Swap (finance)
Default (finance)
Collateralized debt obligation
Lehman Brothers
United States bankruptcy court
Trustee