Bankruptcy Court for Southern District of New York prohibits triangular setoff provided for in safe harbored contract

Date

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Location
USA
Authors
Mark C. Ellenberg
Peter M. Friedman
Firm
Cadwalader Wickersham & Taft LLP
Tags
USA
New York
Insolvency & Restructuring
Litigation
Cadwalader Wickersham & Taft LLP
Bankruptcy
Debtor
Collateral (finance)
Safe harbor (law)
Swap (finance)
Debt
Concession (contract)
Standing (law)
Liquidation
Common law
Title 11 of the US Code
UBS
Lehman Brothers
Delaware Supreme Court
United States bankruptcy court
US District Court for SDNY
Trustee