The 'flip' flap: Lehman bankruptcy judge invalidates payment priority clause

Date

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Location
USA
Authors
Robert J. Rosenberg
Guy Dempsey
Adam J. Goldberg
Amber L. Haywood
Firm
Latham & Watkins LLP
Tags
USA
New York
Insolvency & Restructuring
Litigation
Latham & Watkins LLP
Bankruptcy
Collateral (finance)
Swap (finance)
Public limited company
Default (finance)
Secured loan
Title 11 of the US Code
Lehman Brothers
Court of Appeal of England & Wales
High Court of Justice
United States bankruptcy court