Source: | All England Reporter |
Publisher Citation: | [2017] All ER (D) 102 (May) |
Neutral Citation: | [2017] UKSC 38 |
Court: | Supreme Court |
Judge: | Lord Neuberger P, Lord Kerr, Lord Clarke, Lord Sumption and Lord Reed SCJJ |
Representation | Robert Miles QC, Louise Hutton and Rosanna Foskett (instructed by Dentons UKMEA LLP) for the joint administrators of LBHI2. |
David Wolfson QC, Nehali Shah and Ruth deh Besten (instructed by DLA Piper UK LLP) for the joint administrators of LBL. | |
Barry Isaacs QC (instructed by Weil, Gotshal and Manges (London) LLP) for LBHI. | |
William Trower QC, Daniel Bayfield QC and Stephen Robins (instructed by Linklaters LLP) for certain respondents. | |
Robin Dicker QC, Richard Fisher and Charlotte Cooke (instructed by Freshfields Bruckhaus Deringer LLP) for a respondent. | |
Judgment Dates: | 17 May 2017 |
Catchwords
Insolvency issues decided arising out of collapse of Lehman Brothers group of companies
The Case
Insolvency issues decided arising out of collapse of Lehman Brothers group of companies . The Supreme Court decided a number of points of insolvency law, which arose out of the collapse of the Lehman Brothers group of companies in 2008, including that, both statutory interest and non-provable liabilities ranked over subordinated debt in the distribution priorities of an insolvency.
Practice Areas
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