Lehman: proposed scheme of arrangement: Court of Appeal judgment handed down on 6 November 2009 *

United Kingdom - November 13 2009
The Court of Appeal handed down its decision on 6 November 2009 upholding the High Court decision that a scheme of arrangement is not an appropriate mechanism by which the administrators of Lehman Brothers International (Europe) (LBIE) can return assets to LBIE’s clients.

Co-authors: Mark Kalderon, Simon Orton, Nick Segal, Look Chan Ho.